December soybean meal prices at the Chicago Mercantile Exchange are up $90/ST since August 28th. The increase of 30 percent over the last seven and a half weeks has primarily contributed to the higher prices of animal proteins worldwide.
Bovine meat and bone meal is up $20 CIF Indonesia and trading into China was steady at an average of $530. The neighboring markets continue to trade at $530 – 550 CIF.
The Australian market remains well supported by strong export demand. Values were up A$20 from last week on MBM for export and there is anticipation for higher prices to show up during the tender period next week. Feather meal trading was higher as well, again supported…
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...