Porcine MBM prices moved lower today, despite continued low numbers on the hog slaughter. After a rush to fill the surge of demand in March and early April, pet food demand appears to be slowing and historically the summer period has brought slower, spot demand as well. Prices topped out at $450 out of the Midwestern markets today.
Inedible meat meal exports were up in March, totaling 86,462 MT, up 12 percent from February and up 39 percent from March of 2019. Indonesia was the largest buyer at 22,396 MT…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...