The market was mostly quiet today with few changes reported. Pet grade poultry by meal and chicken meal both are heavy in pockets, which is creating a wide spread in the market. Some sellers have held the market steady and are well sold on contracts into the pet food industry, but those looking to move extra spot material have been struggling to maintain steady values. Over the last five years, prices for pet grade poultry meal have increased 20 percent of the time relative to July and not once in September relative to August. The last time the price of PFG PBM increased 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...