Prices were steady across the protein market today. Soybean meal futures settled nearly $10 higher from yesterday’s close at $330.40 for the October contract today. Tight MBM supplies in the Australian and New Zealand markets combined with the stronger soybean meal market should start to drive prices for US origin MBM higher in the near term. Indications out of New Zealand into Indonesia were just under US$500 CIF/MT today, which would be supportive of domestic US values in the…
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...