Ruminant MBM traded in a wide range this afternoon, $235 – 280 FOB Panhandle and Mo. River. Sellers with all beef material that may have a range of options on where to move their material have been able to get numbers at the top end of the range. Sellers without access to the pet food or export markets are finding the poultry industry crowded with similar parties looking to move material, hence the lower values.
Porcine tightness was confirmed today by a…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...