Ruminant MBM traded at $220 in good volume for January on what was otherwise a very quiet day.
Proteins continued a nearly three month slide last week with the ruminant MBM weekly average flirting with falling below $200. The ruminant market was off $18 compared to the week prior and porcine MBM was off $24. The national average for feathermeal was off $11 compared to the prior week’s average.
The story remains the same for a number of sellers, poor…
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...