Ruminant MBM traded at $365 -370 out of the Mo. River market this afternoon in good volume. Trading was quiet elsewhere for MBM. The pet food grade PBM market did see trading as low as $600 out of the Midwest late yesterday with sources continuing to reported significant weakness in that market.
Proteins in general feel week as the supply outweighs the demand at present. Blood meal values stopped their precipitous drop this week and ruminant found itself…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...