Please note – we will not publish an Animal Proteins Bulletin on Thursday Nov 26th or Friday Nov 27th in observance of the Thanksgiving holiday
The protein market was remarkably quiet today ahead of the holiday break. Most of the buyers and sellers were busy with trucking issues. There may be buying opportunities for buyers able to get trucks lined up for Friday or over the weekend, but overall the market is steady heading into December. January soybean meal futures were off slightly midday, but with values around the $395 per ton mark, animal proteins should continue to see support at current levels. One…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...