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…
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...