Feathermeal Prices Move Higher, Still Underpriced Relative to Soybean Meal

Feathermeal Prices Move Higher, Still Underpriced Relative to Soybean Meal

Feather meal prices are higher this week, driven by good demand and support from a stonger soybean meal market. Bean meal prices were up again today at the CME and up just over 16 percent since September 1st . The December contract settled at $361.80. The relative price to soybean meal for the AL/GA market today stands at 86 percent, which is still well under the prior three year average of 107 percent. The strong soybean meal market and continued…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

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...

Latest Tweets