Trading into Indonesia was reported steady, $540 – 560 CIF for ruminant MBM. Prices remain strong as sellers push to get material into Indonesian ports ahead of the 14 June cutoff date for pre-Ramadan shipments. Indonesian sources have reported that prices from Australia, New Zealand and the US remain strong and ex-US supply is tight due to at least one major seller needing USDA audits to approve their facilities for export. Sources have also…
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...