Feather meal prices traded higher again today. A favorable price to soybean meal and tigher supplies are contributing to the continued run higher in the market.
Ruminant meat and bone meal prices FOB Missouri River finished November up 14.5 percent from October with prices boosted by the surging soybean meal market. The November monthly average price for MBM out of the Missouri River was the highest since 2014. While the price was the highest in six years, the relative price to soybean meal of 67 percent was in line with the prior five-year average of 69 percent (the relative price in 2014 was 97…
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...