WEST Prices are higher on a firm market. While most fourth quarter contracts have been finalized, a few plants continue to negotiate, especially into Asia. Competition from other countries into export markets is light. Japan, China and Taiwan are reportedly short of supplies.
Production is generally steady with some plants operating at capacity.
Lower mesh sizes are tending to generate higher premiums than higher mesh sizes. Domestic Extra Grade demand is good into candy and baking facilities. Inquiries are being noted from the feed industry. Extra Grade prices are often too high for feed buyer needs, encouraging interest in off grade supplies. Off grade supplies are light yet prices are trending well below the range.