Blood Meal Price Rally Running Out of Steam

Blood Meal Price Rally Running Out of Steam

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.07.2024

Singapore Airlines Group orders SAF from Neste ahead of mandate

Singapore Airlines Group orders SAF from Neste ahead of mandate

The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.

SIA...

05.07.2024

Animal fats prices to US Gulf jump on growing demand

Animal fats prices to US Gulf jump on growing demand

Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...

05.07.2024

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.

Fastmarkets...

Latest Tweets