Feathermeal prices were quiet today with little trading reported. Prices should see support at these levels given their relative value to soybean meal. Historically, feathermeal FOB Mid South has moved lower more often than not in June relative to May. Over the last five years, prices in June have increased relative to May 40 percent of the time. When referencing the last ten years, prices have increased 50 percent of the time. It’s reasonable to expect a quiet market heading into the holiday weekend and additional protein…
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...