Ruminant MBM trading was up out of the River and Panhandle markets today, $245 – 250 and $200 – 250, respectively. Delivered values into the SE were up, $290 – 300 and $300 – 305 into the Eastern market. Sources continue to cite tight pork and ruminant supplies and strong demand for the upswing. Despite gaining $75 over the last four weeks, Mo. River ruminant MBM still remains less than 100% of the price of nearby SBM.
Bloodmeal trading was done at lower…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...