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…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...