“Fighting for a home” has been the most commonly heard phrase around the market the past couple of weeks and this week has certainly not been an exception. A resurgence of production in the protein harvest has pushed more animal proteins into the market. Feathermeal prices out of the Mid South market are down $70 or 21 percent over the last four weeks. Prices are on track to hit the lowest June monthly average since 2007. At an average price of $260, feathermeal has a relative price to soybean meal of 79 percent, which is 53 points under the prior three year average for June. The…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...