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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...