The price for poultry bloodmeal increased this week to $800, up from $700 last week. The spread to ruminant and porcine had been as wide as $250, $75 above the prior three year average for March for porcine and $100 above the prior three year average for ruminant in March. Despite the strong production on the porcine side, demand continues to be steady for bloodmeal and it’s reasonable to expect…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...