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
Crude oil hit a 13-year high and wheat topped $13. With front-month soybeans soaring past $17, and corn nearing the $8 mark, the crisis in Ukraine means food and fuel inflation fears are also heating up.
Wheat buyers from the Middle East/Mediterranean region and North Africa are switching their wheat purchases to various European countries . . .
Russia is the second-largest producer of ammonia, urea, and potash and the fifth largest producer of processed phosphates.
May soybean futures fell 7 1/4 cents to $16.60 1/2 after tumbling from a morning high at $16.88 1/2. The most-active contract still gained 76 cents this week.
The head of trading for CBH Group, Australia’s largest coop, expects more demand in the short and medium-term due to the loss of exports from the Black Sea area, Bloomberg reported.
Nearby soybeans gained on spillover from the wheat market’s steep rally but faded on profit-taking and indications that stepped-up Chinese demand and a South American crop shortfall are factored into prices.
Egypt looking at plans for wheat procurement
The Biden administration may have to open the Conservation Reserve Program (CRP) to cropping this year because of grain shortages that could result from the Russian invasion of Ukraine.
The 2022 spring crop insurance price for corn is $5.90, $1.32 higher than last year.