MBM traded higher into the Eastern market today, up $5 from last week. The spread of MBM into the Eastern market versus the Mid South and Delmarva feed grade poultry by meal market has grown to $57.50. The prior three year average is a $35.80 premium for MBM to the Mid South market and $15.33 premium for MBM versus the Delmarva market. Given the surging meat and bone meal markets, both ruminant and porcine, and the widening spread to alternative products, there is…
01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...