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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...