Ruminant MBM trading was done higher on the top end of the range, $265 FOB Mo. River. Sources have reported that export material continues to see very strong demand, which is pushing more material out of the country and forcing buyers in the pure beef market to pay up to secure material. Mixed species material is moving at the lower end of the range. Trading into the Eastern market was steady at $305.
Figure 1.
The spread between the high and low…
12.30.2024
Glycerin prices on rise while inventories fall
Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production is leading to reduced supplies.
One trader reported for...
12.30.2024
Early publication of US agricultural products price assessments: pricing notice
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central...
12.30.2024
US bloodmeal price spread widens even with an elevated low end: 2024 recap
US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4,...