Ruminant and porcine MBM prices traded higher today. Holiday tightness and a well-valued market versus soybean meal has contributed to the upswing in price. Over the last five years, ruminant MBM has traded higher in September just once. Prices have averaged $17.13 lower in September relative to August over the last ten years. Cattle slaughter is forecast to tighten over the next six weeks and the late, Labor Day holiday may help keep prices buoyed for the first half of the month. Fundamentally, prices should continue to increase in the short term…
11.13.2024
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...
11.13.2024
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...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
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...