05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity
The protein market was very quiet to start the week with not much activity reported. Two loads of porcine blood meal moved at $800 FOB Midwest to round out day’s action.
Weekly Review
Nearby soybean meal prices jumped $11 from the week prior, but most MBM sellers did not see any resultant strength in their markets. Ruminant prices were up $3 when comparing last week to the week prior’s average. Some consolidation helped in the $360’s helped…