The porcine MBM market was more active to the upside this week versus the ruminant MBM market. Both meat and bone meal markets saw higher prices this week, catalyzed by the strong soybean meal market coming off of the holiday break. The spread between ruminant and porcine MBM is currently at $25 for the Missouri River markets, $10 under the prior three year average. The indications from the market have been that ruminant has been a bit harder of a sell this week versus the porcine, which has seen good demand from the pet food, domestic blenders and export markets. It’s reasonable to expect the strong demand to continue to pull on the porcine market, especially if sellers are long into the export sector and the spot availability tightens up in the second half of January.
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01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...