Chicago packer BFT moved higher today on a three car trade, renderer BFT was bid higher with sellers unable to source material as of press time. Continued downtimes at beef and pork plants are creating unexpected shortages in the market.
Cattle slaughter finished last week at an estimated 502,000 head and this week’s forecast is projected at 520,000. Slaughter over the next six weeks if forecast at an average of 600,000 head, down…
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...