Ruminant MBM traded at $175 -220 out of the Mo. River market today and $180 – 225 FOB Panhandle. Illinois renderer action was lower, $190 – 195 while the Illinois market was reported steady. There still seems to be a lot material left in play for the week with sources reporting that sellers are racing each other to the bottom. Porcine MBM traded $215 – 250 FOB out of the Mo. River and Eastern IA/IL markets. A big bulk of the action out of the Midwestern markets was…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...