Meat and bone meal prices were higher today, topping out at $350 FOB. End users are paying up to secure coverage through the holiday break, but there have been instances of lower-priced material popping up due to difficulties with export logistics.
Feather meal values were higher today, driven by tighter production and ample demand from a broad spectrum of buyers, both for export and domestic sales. Soybean meal prices were higher again today, flirting with the $400 level but closing short of that at $396 on the December contract. With the Thanksgiving break next week,…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.