Trading was fairly quiet today for both ruminant and porcine MBM. Both buyers and sellers were reporting a steady range. Strong export volume may be putting a floor in the market with big porcine volumes booked in June. Historically, prices in July have been stronger in the ruminant MBM market. Over the last five years, prices in July have increased relative to June 80 percent of the time. Slower cattle slaughter has been a big contributor to the move higher and this year the production is expected to increase relative to June which makes it reasonable to…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...