Trading was steady today with no changes reported. Blood meal prices are lower for ruminant material this week, but the monthly average is still at a level to finish higher than November. History suggests an upward trend is due in January. Over the last five years, ruminant blood meal has traded higher in January relative to December five times or at a rate of 100 percent. The average price move over the last ten years is an increase of $42.88 in January from December. With soybean meal prices…
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...