Trading was flat in the MBM markets today with no changes reported. Offers were out higher by as much as $15 on the topside, but thus far trading has been sideways. The current spread between porcine and ruminant MBM is $40, $6.50 over the prior three year average for August and $9 over the prior three year average for September. The wide spread and higher soybean meal prices are suggestive of higher ruminant MBM prices in the near term. A forecast of lower cattle…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...