The market was very quiet this afternoon with no activity reported.
The weekly average for ruminant MBM fell $11 compared to the week prior. The eroding of the top end of the range and drastically lower panhandle prices were the main culprits of the lower, weekly average. The bulk of action last week was seen in the $240 – 250 range into feed. The reported range for both PH and MR were wide last week, as low as $210 PH and as high as $285 MR. Sources expect…
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...