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Blog

Deflated Soybean Meal Pressures Animal Proteins

Alexandra Watts | 06.28.2023

Animal proteins were steady to weaker for the day as soybean meal continues to show a negative price direction on the CBOT. The lower values have led to talks of reformulations for some leading to hit-and-miss demand. Ruminant meat and bonemeal saw a new high of $430/st on the Mo. River and a low of $390/st on the Tx. Panhandle. Values outside of the ranges could not be confirmed by press time. Ruminant bloodmeal was lower on Tx. Panhandle as well as the Mo....

U.S. Weekly Ethanol Production Remains Flat WOW

Market Update

Wheat midds were weaker for both Minesotta and Kansas City for the day due...

Auto Production Recovered But Sales Remain Weak

Trading was active midweek with most buyers paying higher than last traded prices. Processor branded steers increased $1, signifying...

Bean Oil Futures Pull Back on Rainy Weather Forecasts

Soybean oil futures moved lower on Wednesday, as participants booked profits after the nearby contract settled above 60 cents...

Trading Remains Slow in Organic Grain Markets

Organic grain sales activity is slow. There is barely any new crop...

New York Steps Up Enforcement of Unlicensed Cannabis Stores

New York State Governor Kathy Hochul announced last week the result of...

Tallow Prices Climb Higher on Tight Supply, Strong Demand

*Please Note – Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja...

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Quiet Tone for Tuesday; Pasture and Range Conditions Mixed

Trades on animal proteins for the day were indicated as generally steady with most participants communicating a quiet start...

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Drought Continues to Expand, Crop Conditions Suffering

Market Update

Corn gluten items have been volatile, resulting in broad price ranges. Interest...

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04.25.2025

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Deflated Soybean Meal Pressures Animal Proteins

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