MBM values continue to fall with lower numbers heard on both porcine and ruminant today. Panhandle action was reported as low as $215 for ruminant, but most trading has been in the range of $230 – 240 FOB. The Mo. River market was quiet this afternoon, but indications were steady numbers in the $230 – 245 range. Mo. River porcine trading was done $230 – 240 FOB Mo. River and in a wide range out of the Eastern IA/IL market, $230 – 255. Sources in both markets are…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...