Trading into China and Indo were consistent with last week’s numbers. Sources reported trading into both markets as high as $560. Sellers have commented that Indonesian demand for the pre-Ramadan period is rapidly drawing to a close and there may be another week, max, left before the window shuts. Sales into Indo were heavy in the $550 – 560 CIF range. Anticipation is for numbers closer to $500 CIF by the end of the month. Neighboring markets, i.e….
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...