Cash SBO market weighs on DCO market

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Cash SBO market weighs on DCO market

It was an active day in the distiller’s corn oil (DCO) market on Tuesday with pressure from the cash soybean oil market weighing on FOB truck values. Trading was broadly done in a range of 40-42 cents/lb today on an FOB basis for May with some trading done as high as 43 cents lb.

Sources said they heard bids “in the 30’s” for material FOB ethanol plants on Tuesday morning, but no trades were confirmed below 40 cents lb. Trading into the Gulf was indicated...

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MBM and BM mixed to softer on lower demand

MBM and BM mixed to softer on lower demand

For Tuesday April 16, animal proteins were mixed with most market sources indicating pressure on meat and bonemeal (MBM)...

Soybean planting underway in 10 states

Soybean planting underway in 10 states

Corn gluten meal (CGM) and corn gluten feed (CGF) were relatively steady for Tuesday April 16, but...

Minimal hide interest in US market

Minimal hide interest in US market

Hide interest was minimal on April 16, as was the day prior, but Colorado Branded Steers (CBS) hides traded...

Soybean oil basis in ‘shambles’ on weak RD demand

Soybean oil basis in ‘shambles’ on weak RD demand

Spot market indications for interior soybean oil remained depressed on Tuesday April 16, with the market in "shambles," according to...

Organic corn tracking CPI ‘food at home’

Organic corn tracking CPI ‘food at home’

The current economic situation reflects job growth that continues to thrive above...

Weekly Hemp Recap

Weekly Hemp Recap

Last Week's Hemp Commentary

Quantifying THC fundamental to cannabis...

Soybean oil stocks climb as soybean crush reaches record high

Soybean oil stocks climb as soybean crush reaches record high

The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels....

Soybean oil market adds negative pressure to DCO market

Soybean oil market adds negative pressure to DCO market

Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on...

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04.22.2024

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...

04.22.2024

Cattle slaughter more in line with 2023 as May nears

Cattle slaughter more in line with 2023 as May nears

US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...

04.22.2024

Central Illinois soybean crush margins hit 5-week high

Central Illinois soybean crush margins hit 5-week high

DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.

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