Ruminant MBM prices continue to trade higher as strong demand is driving values higher in a few markets. Soybean meals strength this week, as well as the potential supply contraction on DDGS, is helping push values higher as well. March has historically been the most consistent month in terms of a price increase relative to the month prior. Ruminant MBM prices out of the Texas Panhandle market have increased relative to February every year since 2001. While 2020 is…
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...