Oil and Grains Report

Oil & Grains- Ethanol producer margins continue to be challenged by elevated corn prices and low ethanol markets.  Very bearish news for the corn market unless crude oil rallies. 

 

Market Trend

Supplies

Price vs. Last Year

Soybeans

Increasing

Good

Lower

Crude Soybean Oil

Decreasing

Good

Lower

Soymeal

Increasing

Good

Lower

Corn

Decreasing

Good

Lower

Crude Corn Oil

Decreasing

Good

Lower

Distillers Grain, Dry

Increasing

Good

Lower

Crude Palm Oil

Increasing

Good

Lower

Hard Red Winter Wheat

Increasing

Good

Lower

Dark Northern Spring Wheat

Increasing

Good

Lower

Canola Seed

Increasing

Good

Lower

Canola Oil

Decreasing

Good

Lower