Tight supplies are keeping the MBM values into China and Indonesia steady despite lower priced soybean meal. An overall tightness in feed ingredients, including DDGS are contributing to the higher prices relative to soybean meal in the animal protein market.
Protein values out of the New Zealand and Australian markets were steady this week. Production in the Australian market was up this week with cattle slaughter estimated at just under 130,000 head which is 51 percent higher than last year and 18 percent over the week prior. Production in New Zealand is expected to ramp up over the next few weeks as their…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...