Feathermeal prices traded higher this week with demand increasing for spot material. Demand from the feed blenders, exporters and range block producers has picked up. Feed blenders are taking advantage of the strong protein value in the feathermeal market. In July, the per unit of protein cost of feathermeal hit a multi-year low at $3.11, 52 percent of the cost of a unit of protein in soybean meal. Prices moved higher in August, closing the month at an average of $3.30 per unit of protein. Ruminant MBM out of the Missouri River market in August was cheaper by four cents, but freight rates…
02.25.2025
Prices for US animal fats and oils hold steady amid pressure from outside markets
The US animal fats and oils markets held steady on Tuesday February 25, with limited new trades reported throughout the day.
Following an active trading week last week,...
02.25.2025
US weekly soybean, wheat export inspections increase; corn drops
Export inspections of US grains showed a decline for corn, but an increase for soybean and wheat in the week to Thursday February 20, according to USDA data released...
02.25.2025
US hide export shipments fall below weekly, yearly levels
US hide trading was relatively slow, with a reported trade on heavy native steers (HNS) at steady levels and a slight dip for butt branded steers (BBS). Market participants...