Ruminant blood meal prices moved higher this week, but have stalled relative to the porcine blood meal market. Demand continues as production remains very tight, but the threat of reformulations have tempered the upside. The relative price to nearby soybean meal for the month of April is 327 percent, 66 points over the prior three year average. Since 2017, relative prices near the 340 percent market have initiated reformulations which have dramatically sent the market lower. In 2017, prices averaged 339 percent of the price of nearby soybean meal in February and March before falling to 285…
01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...