Wheat Export Inspections Rise as Corn and Soybeans Plunge

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Wheat Export Inspections Rise as Corn and Soybeans Plunge

CME grain prices were mixed on Tuesday. March wheat increased by $0.16, closing at $6.25/bu while January soybeans dropped by $0.1225, settling at $13.23/bu. In addition, January soymeal dropped by $2.90 to $410.30/st, but March corn rose by $0.0375 to $4.85/bu. Rising concerns over Brazil's growing conditions have caused an increase in corn prices, while the recent disruption of soybean planting caused a double-digit decline in soybean prices. However, China's gr...

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Sellers Expected to Drop Offer Prices Due to Limited Demand

Sellers Expected to Drop Offer Prices Due to Limited Demand

Sellers reported limited interest to buy at the start of the week after slow sales last week. According to...

Corn Oil, Sunflower Oil Cash Markets Step Lower

Corn Oil, Sunflower Oil Cash Markets Step Lower

Cash market indications for corn oil, both crude and refined, and sunflower oil continued to step lower this week....

Organic Imports a Key Concern for Stakeholders

Organic Imports a Key Concern for Stakeholders

Organic feed markets will continue to rely on demand generated at the...

Glycerin Prices Continue to Move Higher

Glycerin Prices Continue to Move Higher

**Bob Lane will be out of the office this week, returning on Monday, December 18, 2023. In his absence, please...

Nearby Supply Continues to Weigh on CWG Spot Market

Nearby Supply Continues to Weigh on CWG Spot Market

The market was fairly quiet on Monday, but choice white grease (CWG) did trade lower out of the Mo....

Hog Slaughter Forecast to Close Out 2023 above Prior Year

Hog Slaughter Forecast to Close Out 2023 above Prior Year

Limited trade was reported for the start of the week. Participants called the market quiet for Monday.

For...

Central Illinois Soybean Market Continues to Drop

Central Illinois Soybean Market Continues to Drop

Today's report suggest that DDGS prices had a slight decrease in Illinois, Indiana, Michigan, and Ohio. Market participants have...

Strong Buyer Disinterest in Wintertime Hides

Strong Buyer Disinterest in Wintertime Hides

The week began with a quiet tone across the market. Tanneries in Mexico will begin to close for the...

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04.19.2024

Reduced March RIN production not leading to higher RIN Prices

Reduced March RIN production not leading to higher RIN Prices

Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...

04.19.2024

CWG, YG higher on week, UCO, DCO down again

CWG, YG higher on week, UCO, DCO down again

The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.

04.19.2024

Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a...

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