Both porcine and ruminant MBM markets were steady this week with few changes reported. Sellers had asked for higher prices earlier in the week, but were content with steady money in the face of the growing uncertainty in the macroenvironment. As has been stated this week, pets and livestock are going to continue to eat and buyers may be starting to build inventories to ensure availability through any logistical slow or shutdowns. Anyone taking a walk through…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...