Animal Proteins

Animal Proteins

Market Activity

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…

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02.26.2024

Braya Begins Renewable Diesel Production in Newfoundland

Braya Begins Renewable Diesel Production in Newfoundland

Braya Renewable Fuels announced their facility in the city of Come By Chance, Newfoundland commenced commercial operations. Initial renewable dieseel production capacity is expected to reach 18,000 barrels...

02.26.2024

Hog Slaughter Forecast Lower Heading into April

Hog Slaughter Forecast Lower Heading into April

There were no confirmed trades in the market and bids and offers were quiet to start the week.
The USDA estimated hog slaughter for last week at 2.578 million...

02.26.2024

Cattle Slaughter Forecast Under 2023 into March

Cattle Slaughter Forecast Under 2023 into March

The markets were rangebound Monday on limited trade reports. 

For the week ending March 2, 2024, cattle slaughter is forecast at 600,000 head, 4.1 percent down from 2023...

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