ANIMAL PROTEINS
It was another very slow day in the ruminant MBM business with a dozen trucks trading in the MO River area at $390. Not to be out done even fewer trucks were traded out in the Panhandle area at $360. In another week or 10 days the 30 day material will start to trade and then maybe the real market may show its face. The soy meal futures gained back $8.00 of the previous days double-digit loss. So my wild guess is…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...