05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Ruminant MBM prices were up out of the Mo. River market today, but overall the tone continues to be negative as the entire animal protein complex struggles to hold steady pricing. With hurricane Florence targeting the heart of poultry and hog country, feed shipments look to be interrupted, which may further exacerbate the heavy supplies in the Midwest. The current spread between the porcine and ruminant markets in the Mo. River region is $43.50. For the 2015 – 2017…