The market was fairly quiet to start the week. Panhandle ruminant MBM traded as low as $232 this afternoon. Sources continued to report pressure on ruminant and porcine products, but poultry numbers early on have been firm.
Ruminant and porcine MBM both fell $7 last week compared to the prior week’s average. The erosion of the topside of the prior trading range was the main cause of the lower average. Sources active in the…
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...