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Trading prices this week were essentially unchanged from a week ago. Presently supply and demand are in good balance. However, feather meal prices are relatively inexpensive compared to soybean meal which might suggest the risk for prices longer-term could be higher as demand from the blended protein sector could increase as well as the export market.
The relative price to soybean meal futures for July slipped 7 percentage points from June to 86% and lower than last July’s 110%. That is the lowest they have been…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...