Animal Proteins

Animal Proteins

Market Continues to Trade Day-To-Day On Uncertainty

Ruminant MBM prices continue to see support at higher levels this week due to plant shutdowns and slowdowns limiting supply. The actual downtime is certainly affecting prices, but the uncertainty as to the extent of the production cuts and the pipeline building from the ingredient buyers is adding to the bullishness in the market. MBM inclusions have been very strong over the last couple of years due to the tremendous value, but…

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04.30.2024

Biofuel feedstock demand rises while capacity declines: EIA

Biofuel feedstock demand rises while capacity declines: EIA

EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...

04.30.2024

Chicago edible tallow trades lower

Chicago edible tallow trades lower

The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.

04.30.2024

April animal protein values mixed month on month

April animal protein values mixed month on month

US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...

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