Ruminant meat and bone meal prices moved lower into the Eastern and AL/GA markets today. Heavy supply of ruminant MBM out of the Midwest and heavy supplies of porcine in the Midwest and Eastern markets continue to weigh on prices.
Feathermeal traded lower out of the Mid South market and prices were sideways in the Southeast and East. The holiday break has offered some reprieve to sellers, but strong supplies coming out this week may add additional downward pressure to the market. Export volume helped to limit the price decreases over the last couple of weeks as well. For June, the relative price to soybean meal for the AL/GA feathermeal market was 87…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...