Animal protein prices traded broadly higher today with stronger demand seen in a number of markets. Ruminant MBM prices were up as much as $17.50 from the last traded level today. Stronger soybean meal prices, good export demand and tighter cattle slaughter have all contributed to the upswing. Material was indicated as high as $240 out of the Midwestern market, but the bulk of action was within today’s printed range. The higher indications are a sign of a firm market with some sellers seeing tight, nearby positions.
Trading into Indonesia has been indicated as high as $495 CIF by non-US sellers, which would be very bullish for the nearby, ruminant MBM market. At an average of $187.50 FOB Missouri River and Texas Panhandle, ruminant MBM…
01.10.2025
Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
01.10.2025
Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
01.10.2025
Sausage casings bulletin, January 10, 2025
Runner market commentary
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