Ruminant MBM prices moved higher into the AL/GA and Eastern markets today. Porcine trading was higher out of the Missouri River and Eastern IA/IL markets. Strong supply has kept prices somewhat anchored this week, but buyers have been willing to pay up to ensure material delivery through the holiday break. Soybean meal prices closed today down slightly, but at prices just shy of $395 ton, MBM should continue to see plenty of support as a protein ingredient. Australian and New Zealand exporters are moving material throughout…
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...