Ruminant MBM traded lower out of the Illinois markets today. Mixed species material continues to be plentiful with prices trading at the lower end of the range, pure beef packer material was quoted as high as $200 but there was good volume reported at lower levels. Export demand continues to be strong at these values for both porcine and rumimant material, but heavy production has weighed on prices. At an average of $160 FOB Missouri River, ruminant MBM has a relative price to nearby soybean meal of 55…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...