Trading was again quiet in the protein market today with no changes reported. The pre-break strength is still present in the feathermeal market with prices well valued versus soybean meal. The Mid South feathermeal market finished August at a relative price of 89 percent to nearby soybean meal, the lowest August relative price on record. Historically, the feathermeal market has traded lower in September relative to August in eight out of the last ten years. The average price move is – $18.33. The fundamentals suggest a…
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...