Additional Supply Pressuring MBM Prices Lower

Additional Supply Pressuring MBM Prices Lower

Porcine and ruminant meat and bone meal (MBM) moved lower again today. Increased supply continues to weigh on the market. There are reports of higher quality, plant specific material trading above the printed range and some mixed species trading below, but the bulk of activity is captured in the printed values.

Feather meal prices moved lower this week on steady supplies and weakening demand. The fundamentals suggest prices should move higher basis a favorable price to soybean meal, but values…

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11.18.2024

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...

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Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand

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Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...

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