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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...