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Demand was steady at the start of the week and then seemed to improve later in the week, but not enough to influence prices higher. Export interest appears to be at a steady pace. Low ruminant meat and bone meal prices are likely limiting upside price potential and that is apt to continue for a couple more weeks.
The relative price to soybean meal futures in the River Market for July was 70.6%, down from June’s 75.8%, but above last July’s 66.2%. For the last two months, the relative price has been below the 3-year average but above last year. The relative price in August and September tends to increase from July, but…
01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...