Trading was lower on ruminant MBM today as cheaper mixed species material and increased production combine to driver the entire market lower. It is reasonable to expect the topside of the porcine MBM market to fall this week as trading for producer porcine material is trading in the mid-$200’s. Ruminant MBM traded at an average of 97 percent of the price of nearby soybean meal in May, up 29 points compared to the prior three year average. With more production coming online there is risk for prices to regress towards the prior three year…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...