Trading for ruminant MBM was higher this afternoon, topping out at $230 FOB Panhandle and Mo. River. The Pacific Northwest market sank lower, $190 – 210. While the $230 may be hard for some sellers to get, particularly those with mixed species material, the market should start to see signs of improvement based purely on historical ratios. At an average of $210 Mo. River, the ratio to soybean meal sits at 67% of the price of nearby SBM. The last few weeks have hung…
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...