Distiller Dried Grains Commodity Markets, Prices & Futures
Use the chart below to check futures prices for distiller dried grains. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Rough Rice
Brad Kooima, Kooima Kooima Varilek, says the cash cattle trade will likely be steady this week which may mean the futures could stall out. He thinks the party could be over in row crops.
Jerry Gulke, president of The Gulke Group, thinks the party is over in the grains, at least for now, due to several key factors.
It’s one thing to read about it, but it’s another thing to travel across the ocean and experience it for yourself. That’s why Jackie Ponder decided to join a trade mission to Vietnam focused on the benefits of U.S. pork and high oleic soybean cooking oil.
Don Roose, U.S. Commodities, says several factors combined to pressure the grain markets Friday. Whether or not the rally is over depends on global weather and the October WASDE.
Brazil is projected to import its highest amount of diesel in two years, driven by a strong economy and increased fuel demand.
Shawn Hackett, Hackett Financial Advisors, says grains are in transition right now as the funds have likely covered most of their short positions and are looking for signals for their next move.
CARB is maintaining its proposal from August to limit credit generation for certain crop-based biofuels, while expanding the scope of feedstocks affected.
DuWayne Bosse, Bolt Marketing, says grains saw profit taking after running up into some chart resistance.
Scott Varilek, Kooima Kooima Varilek, says cattle futures are well supported on higher cash. Grains seeing pressure as funds may be out of ammunition.
Ted Seifried, Zaner Ag Hedge, says funds have covered most of their record short position in grains and they are not likely to go long.