ANIMAL PROTEINS
As I dig around in the animal protein market I get the sense that the next move in prices is not up, but as often happens moving into harvest sellers are reluctant to name a price and yet can act incensed when given a low bid.
There was not enough protein volume reported today to change any MBM prices. There was significant ruminant blood traded at $570 to $650 FOB Origin.
The AL/GA feather meal price did see…
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...