Trading in the MBM markets was quiet today with no changes reported. There continues to be mixed tones, sellers with export avenues are dealing with less spot supplies and holding their offers steady to higher, but mixed species material continues to struggle to move. Bloodmeal trading was steady today as well, but there are additional reports of heaviness in the market and prices are starting to consolidate in volume towards the lower end of the range.
Feathermeal trading moved higher this week as demand has increased in response to the favorable values to soybean meal. The FAS released export data showing a 37 percent increase in…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...