Animal protein prices continue to chase the soybean meal market higher. Trading was done at higher levels in a number of markets today and there are indications that some markets that some markets are being held in check purely from a lack of available, spot material. The big hog kills are keeping the porcine MBM market well supplied with material, but a soybean meal market above $370 combined with strong pet food and export demand is driving the overall complex higher. Through today the Missouri River market is averaging 80 percent of the price of nearby soybean…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...