Trading in the protein market was flat today with no changes reported. The resumption of trade into Indonesia has helped push offers higher on pockets of pure beef MBM, but thus far the bulk of domestic trading for ruminant MBM has been steady.
Through the first two weeks of August, porcine MBM out of the Missouri River market has averaged a relative price of 71 percent to nearby soybean meal. The prior three year average for August is 91 percent and for September, 87 percent. The low,…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...