05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Protein Prices Continue to Rise on Uncertainty and Tighter Supply
Both ruminant and porcine MBM prices moved higher today with tight supplies creating a “name your price” environment. Offers for porcine material were out at and above $400 FOB Missouri River today. Strong pet food demand and big export interest have contributed to the higher prices as well.
Ruminant bloodmeal did trade lower today, $900 – 1000 FOB. Sellers have suggested that higher prices are possible due…