Ruminant MBM traded in a wide range out of the Panhandle market this afternoon, $200 – 240 and $240 – 270 FOB Mo. River. Trading into the Eastern market was reported steady. Porcine MBM trading was seen in an equally wide range, $270 – 310 FOB Mo. River and Eastern IA/IL. Buyers reported seeing higher offers as sellers try to capitalize on higher bean meal prices. The CME March contract has jumped $36 or 11.5% since Thursday.
Feathermeal traded up $20 out of…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...