Supply Continues to Outweigh Demand

Supply Continues to Outweigh Demand

Downward pressure continues in the meat and bone meal markets with lower prices seen out of the Dallas/Houston, California and Illinois markets. Sellers continue to see pressure from the blend sector and increased supply. Hog slaughter has remained well above the 400,000 head mark this week, cattle slaughter was up 7 percent today versus week ago levels and depopulated hogs working through the rendering stream continue to add additional protein to the market. As production continues…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.18.2024

Total RFS blending falls in March, domestic biodiesel blending increases

Total RFS blending falls in March, domestic biodiesel blending increases

The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...

04.18.2024

EU UCO premium to US continues to grow

EU UCO premium to US continues to grow

The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...

04.18.2024

Ruminant meat and bonemeal price pressure in most regions

Ruminant meat and bonemeal price pressure in most regions

Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...

Latest Tweets