MBM prices were mostly steady today purely due to a lack of activity. A number of producers are keeping production in house, thus limiting spot transactions. Porcine MBM is trading a multi-tiered market based on location and specifications. Sales into the pet food sector continue at a higher price than the feed buyers, but demand has started to fall at the high prices. Both species of MBM are at risk for lower prices once supply starts to loosen up as high relative prices to soybean meal push…
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...