The ruminant MBM market was lower out of the Mo. River, topping out at $240 FOB today. Trading in the IL renderer market was down to $205. Trading in the porcine market was quiet today, but sources have reported lower bids for both porcine and ruminant material.
Hog slaughter was down %0.007 in April compared to April of 2016, but the total 2017 slaughter is running 2.3% YTD above the 2016 total for Jan – first week of May. Compared to the 2009 – 2014…
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...