The big news today is the reopening of the Chinese market to US poultry protein sellers. There hasn’t been any immediate result seen in the market, but pet food grade PBM sellers are optimistic that this should help clean up extra material in the market.
Feather meal prices were up this afternoon as strong demand continues to push prices higher. Offers were out at +$600 levels in the East with trading reported at $530 – 570 Carolinas and $530 – 550 Delmarva….
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...