Bloodmeal prices have come under downward pressure this week on increased supply and reformulations from some of the demand sectors. Hog slaughter has increased this week by 21 percent or 255,000 head. Porcine appears to be particularly vulnerable to risk for lower prices in the near term due to the increased production. Porcine MBM is at risk for lower prices as well. Established relationships and steady supply streams have netted values north of $350 this…
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...