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…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.