Organic soybean meal prices are steady with offers as low at $710 in Michigan, and as high as $760 in areas of Wisconsin and Illinois. With labor strife at the Port of Montreal disrupting supply chains in Eastern Canada prices on the east coast are also bifurcated. The walkout by dockworkers is nearly two weeks old, according to Merchandisers. According to an article in the Wall Street Journal, the longshore workers have been working without a contract since the end of 2018, and they’re looking for an improvement in scheduling. Montreal is a major gateway for both container and bulk-industrial grains which is forcing some shippers to look at Halifax and even to some U.S. East Coast ports as alternatives.
According to an article reported by the Midwest Center for Investigative Reporting, nearly 400 slaughterhouses in the US have had outbreaks of the coronavirus as of August 19, 2020. The issue is…
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...