Ruminant MBM prices were higher today on good demand through into the first week of December. Soybean meal prices were off slightly today, but values are still supportive of steady to higher prices in both the ruminant and porcine MBM markets. Blood meal prices were higher this week on tighter production through the holiday and overall strength in the entire protein complex. There is risk building for lower prices with Class III milk futures plummeting 20 percent over the last seven trading sessions on the December contract. Surging COVID-19 cases in a number of states have refreshed mitigation efforts and a number of public schools are suspending in-person classroom activities. School…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...