Ruminant MBM traded as low as $190 FOB out of the Mo. River market today. Sellers still holding material late in the week were forced to take a discount to evacuate their supply ahead of the holiday break.
Porcine MBM continues to be well valued versus soybean meal, which has attracted plenty of export interest. The export interest has helped to push the relative price of porcine MBM above the prior three year average to soybean meal, although prices are no…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...