USDA Raises Corn Production, Soybeans Decrease
Trading activity for corn gluten products has been consistent. Participants noted various offers for meal, but prices...
For Tuesday, light trade broke into brisk activity with the release of the WASDE (World Agriculture Supply and Estimates). Values on poultry by-product pet grade and chicken meal were reported steady to lower on increased offerings in the market. Distressed loads at $700/st on pet grade and $900/st on chicken meal were also reported with locations in excess. The pet grade range on the Southeast was slightly lower with a $750-850/st range, while the Mid-South was down $25/st from the previous range.
Feathermeal...