05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
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…