Poultry fat prices moved higher into the Delmarva region as well as out of the Mid South market. Tight supplies across the feed fat spectrum are driving prices higher in those markets, but AL/GA prices fell to 20 cents FOB. The move lower out of the AL/GA market could be an indication of limited demand and in turn, a risk signal for lower prices across the broad market in the near term. Broiler slaughter has been on a decline since mid-March, which coincides with the spread of COVID-19. Production in January through the week ending March 14th, averaged just shy of 171 million head per week.
The next six weeks are forecast out at 159.3 million head per week, down 1 percent compared to the prior six week average of 161 million head and down 3 percent compared to last year. The tighter production adds risk for higher prices in the near term as does tight yellow grease supplies. However, eggs sets are down and flock sizes…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...