05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Market Activity
The market was reported mostly sideways this afternoon for ruminant and porcine MBM, but sources continue to suggest that the market is still not at a bottom. Feather meal moved lower out of the MN market as cheaper, southern material has worked north. Pet grade PBM is a bright spot for the protein sellers, trading was done as high as $625 FOB Mid South today.
Animal Proteins – International
Trading into China was quiet this week with prices…