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…

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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