Ruminant MBM moved higher today with strong volume seen out of a number of markets. Mo. River action was reported at $385 – 395 and panhandle trading was done in a wide range, $365 – 399. Trading was done higher out of the IL and IL renderer markets, $395 and $365 respectively. Sellers continue to push for higher prices basis tight kills while buyers are pointing at a favorable soybean meal price and putting up resistance.
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...