Ruminant MBM trading was reported lower out of the Panhandle market, $230 – 285 FOB Panhandle and $240 – 290 FOB Mo. River. Sources have suggested that the market is seeing a lot of pressure and that today’s weakness at the CME in bean meal further accelerated the buyer’s flight from the higher end of the range.
Porcine trading fell to a range of $300 – 330 FOB Mo. River and Eastern IA/IL. The Carolinas market was reported $340 – 375, steady with last week’s…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...