The protein markets were quiet today, coming off of the holiday break. Most market participants were back in the office, but there was not much talk on market direction. Sellers seem to be pushing for higher prices following the soybean meal market’s surge over the last two weeks.
Hog slaughter is forecasted this week at 2.6 million head, down 3.5 percent from a year prior levels and up 20 percent compared with last week. Slaughter is forecast at an average of 2.53 million head per week over the…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...