California ruminant MBM hit a bottom of $200 to close out the week. Trading elsewhere was quiet.
The Mo. River porcine MBM now sits at a premium of $55 to the Mo. River MBM market. When looking at the prior three year average, the spread for July was $24 and for August $28. Given the wide spread and heavy hog kills expected, it’s reasonable to…
07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...