Margins held steady over the past week but the value received from meal and oil sales did not. Meal prices declined $6.40 per ton in Central IL, slipping to $272 per ton as of March 17th. Oil prices jumped in the opposite direction, shooting 6% higher to 31.78 cents per pound. The value received from oil and meal sales, per bushel of soybeans crushed, moved 6 cents higher to $9.99, while the cost for soybeans…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...