ANIMAL PROTEIN COMMENTARY:
Bill Dieterichs is filling in for Ryan Standard today. Ryan will return on Thursday.
The MBM market saw some light volume trade today with the trade reporting $385 FOB MO River and $355 Panhandle. Porcine MBM traded at most origins from the MO River to the Eastern Corn Belt in a range from $380 to $405 FOB Origin.
Porcine blood meal reported trading in a range of $850 to $880 FOB Midwest…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...