Ruminant MBM traded higher into the Eastern markets and out of the Dal/Hou market today and late yesterday. Demand remains strong, and ruminant MBM is well valued versus the alternatives.
Blood meal prices remain strong but are starting to run into some top side resistance. Historically, prices have increased more often in November and December than not, at a frequency of 60 percent over the last three years for ruminant MBM out of the Mo. River market. Holiday production interruptions are the likely driver of the higher prices and while the…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...