Ruminant MBM prices were lower into the AL/GA and Eastern markets today. Cheaper material from the Midwest has pressured the delivered values lower into the AL/GA and Eastern markets. Porcine MBM was flat with yesterday’s trading range. Low relative prices and heavy supplies are balancing the market at the moment with little indication of prices sinking, or rising, in the very near term.
Feathermeal prices have been steady this week, but there are indications of higher prices in the near term. Broiler slaughter is expected to rise over the next six weeks,…
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...