The market into Indonesia was reported in a wide range, $460 – 500 CIF. Sellers reported heavy action in the $465 – 470 range, but nearby shipments out of the ANZ market are trading at a premium. Trading into China was done as high as $530 CIF.
Australian MBM prices were higher, helped by tight supplies and increased values into the export market. Domestic MBM prices were reported AUS$600 – 620 DCT. Poultry meal trading was reported…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...