Ruminant and porcine meat and bone meal prices moved lower today. Continued increases in production is adding downward pressure to the market. Material that can be exported is trading at a premium to the printed range.
Feathermeal prices have moved lower this week despite a favorable relative price to soybean meal. The relative price to soybean meal out of the Midsouth market for May is 116%, 12 points under the prior three year average. Today’s average price of $300 equates to 105% of the price of nearby soybean meal or 27 points under the…
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...