The protein market was very quiet to close out the week with no changes reported. Cattle slaughter did see lower number this week as mid-week snow slowed some production and kept slaughter below the 600,000 head mark for the second straight week. The slow down could tighten up the markets enough to give sellers some leverage to push prices higher. Again, MBM prices are very favorable to bean meal at the moment but demand has not been strong enough to move the market…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...