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…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...