Protein trading was mostly quiet today. The Eastern MBM market did move higher on trading done late Friday.
Cattle slaughter is projected to increase at the end of April after touching near term lows last week, and for the next two. Slaughter finished last week at an estimated 633,000 head, up 4 percent from last year and 1 percent from the week prior. This week and next are forecast out at 620,000 head….
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...