Poultry proteins remain in very good demand with feather meal, pet grade poultry by-product meal (PFG PBM) and chicken meal prices all trading higher this week. “I’d like to sell higher, I just haven’t got anything,” has been an oft heard quote this week. Limited raw material and holiday shutdowns have contributed to the tight nearby market. PFG PBM prices have historically traded higher in December and January. Over the last ten years, the Mid South market monthly average in December has been higher than November nine times, or 90 percent and January has finished higher than December at the same rate…
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...