Trading was again fairly quiet on limited market availability. Through today cattle and hog slaughter are off 40 percent relative to year ago levels. MBM prices did move higher into the Eastern market on limited availability of pure beef material. There are reports of lower priced mixed species ruminant in the market and increased rendering of whole hogs may be pumping some additional material into the midwestern markets.
Bloodmeal prices have been mostly steady with not a lot of trading surfacing. Historically, the…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...