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…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...