Trading was mostly steady today with buyers pushing for lower prices basis recent drops in the soybean meal price. Sellers are pushing for higher prices basis tighter holiday production ahead and most animal protein values priced well below the historical average to nearby soybean meal.
Feather meal traded higher out of the Delmarva market today, $400 – 410 FOB. Delmarva feather meal finished November at a relative price to soybean meal of 88 percent, 19 points under the prior three year average. The prior three year average for December is 110…
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...