Porcine MBM Prices Trade Sharply Higher

Porcine MBM Prices Trade Sharply Higher

Porcine MBM traded sharply higher today, topping out at $310 in the Midwestern markets and $320 in the Carolinas and Indiana. At an average price of $285 FOB, the relative price to nearby soybean meal is 80 percent. The prior three year average for October is 73 percent, which suggests that prices are at risk for hitting the ceiling in the near term. The added production from increased slaughter adds additional risk for the price rally to stall in the near term. Export demand has been strong, and the…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

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

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%

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...

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