The crush margin moved lower, erasing more than half of the prior weeks impressive gains, falling 5.5% to $2.12 per bushel. The value received on soybean oil and meal sales both declined while the average price paid for soybeans remained unchanged. The value received from oil and meal sales, per bushel of soybeans crushed, fell by 13 cents per bushel, while the price of soybeans was unchanged. This allowed the estimated…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...