Tight supplies and strong demand have combined to drive the higher protein poultry meals up over the last month. Pet grade poultry by product meal (PFG PBM) is trading up $100 compared to four weeks ago, chicken meal prices are up $50. Limited raw material availability, which was exacerbated by the holiday slowdowns has helped push those prices up sharply. Seasonality also suggests that the strong market will continue. Over the last seven years, the January Mid-South PFG PBM market has only traded lower relative to December once. Rebuilding of inventory from the pet sector, strong export sales…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...