Ruminant MBM traded at $375 – 395 out of the Panhandle and Mo. River markets today with good volume seen at $380 and $385 FOB Mo. River as well. Illinois trading was up, $390 – 400. The Western markets saw some increases with the bottom of both the California and PNW markets trading up to $310. MBM into the AL/GA market was up $10 and the Eastern market was reported at $440 delivered.
Porcine trading was $400 – 420 out of the Mo. River and Eastern IA/IL…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...