Porcine MBM prices moved higher today. The fundamentals, specifically seasonality and relative price to soybean meal, suggest higher prices are due in the near term. Supply had been the governor on the market, keeping prices from rising. Exports will be a key to price direction in the near term as the US has become more reliant on the export market for protein sales. A good example of this is the inedible meat meal exports to…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...