Bean meal prices continue to drop on Tuesday following a decline on Monday amid signs of slipping demand. The USDA on Monday said 635,164 metric tons of soybeans had been inspected for export, missing analysts’ estimates for more than 800,000 tons. Prices for soybean meal, slid 2.7% on Monday, suggesting slowing demand for the both the raw material and finished product.
Prices…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...