World market of grain, corn and meat and bone meal processed on 28.01.2022

Published 2022년 1월 30일

Tridge summary

Prices for cereals and oilseeds have experienced a rise in the past week. Maize, soybean, soybean meal, and wheat prices have all seen an increase at US export terminals and in futures markets. The rise in prices is attributed to concerns over lower yields in Argentina and Brazil, winter weather affecting transportation in the US, and a complex situation in Russia and Ukraine potentially impacting grain exports. Additionally, prices for dry post-alcohol bard (DDGS) in major US export markets have also increased, while corn gluten meal and corn gluten feed prices remain stable but are expected to rise due to higher corn and protein product prices in the future.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

30.01.2022 This was another week of rising prices for most cereals and oilseeds. Maize prices at Gulf of Mexico port terminals (NOLA USA) rose by about $ 7-8 per ton, soybean prices at US exports rose by about $ 22 to $ 23 per tonne and soybean meal also rose by about $ 20 US per ton. US wheat prices rose by $ 4 per tonne. It was another week of rising prices for most cereals and oilseeds. Maize prices at Gulf of Mexico port terminals (NOLA USA) rose by about $ 7-8 per ton, soybean prices at US exports rose by about $ 22 to $ 23 per tonne and soybean meal also rose by about $ 20 US per ton. US wheat prices rose by $ 4 per tonne. Corn prices soybean prices CBOT soybean and soybean meal futures prices reached a new high during the week, as US exports look very good, especially given the possibility of lower yields in Argentina and Brazil. U.S. reports added that winter weather in the United States has made transportation very difficult, which is also contributing to rising prices in ...

Source: Agriagency