Seven loads of ruminant MBM traded at $225 FOB Mo. River this afternoon. Trading elsewhere was quiet with many traders spending the morning awaiting the WASDE report. The report showed improved stock and new crop numbers, but this had little effect on the SBO or SBM board price.
As stated yesterday, FM exports have risen as a perecentage of production to 18%, a number not seen since the 19% of October 2015. While ratios to SBM aren’t near where sellers would…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...