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…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...