With the exception of DRT from late yesterday, the animal protein market was sideways today. Prices remain well supported with soybean meal up again today and at one point, above the $390 mark. Ruminant blood meal prices out of the Missouri River market were up 9 percent this week and the monthly average for October is up to a relative price to soybean meal of 197 percent. Seasonally, the relative price has historically dropped in the fourth quarter and the month to date average of 197 percent is 14 points over the prior three year average for October and 10 points over the prior three year average for November. The higher…
11.13.2024
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
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%
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...