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…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...