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...
Ruminant MBM prices moved higher today. Sellers have been able to leverage the higher soybean meal prices and steady demand into higher prices for both ruminant and porcine material. Ruminant trading was reported as high as $225 FOB, but the bulk of material traded at lower numbers. Offers are out higher on delivered material into AL/GA and the Eastern market, but thus far, price increases were limited to $5 into the Eastern buyers.
Feathermeal values moved…