Uncertainty on Milk Demand Spills into Bloodmeal Market

Uncertainty on Milk Demand Spills into Bloodmeal Market

The market was steady today with no changes reported.

Ruminant bloodmeal prices are up 2.5 percent over the last month. The fundamentals suggested that low prices were due to attract more demand in the near term, but continued uncertainty tied to COVID-19 has upended traditional supply and demand patterns. Class III Milk futures have been strong over the last couple of months, but uncertainty tied to food service demand is leading to cautions buying from the dairy industry. Typically, demand from school cafeterias, K – college, would increase milk demand through the fourth…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

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CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

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2024/25 grain consuming animal unit headcounts increase by 0.39%

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Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

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