Porcine MBM traded higher today, continuing the bullish run. Substantial pet food and export demand have contributed to tighter spot availability, pushing numbers above the $400 FOB mark out of a number of locations. Sellers are seeing export prices near $500 FOB, well supported by the soybean meal market. Historically, January has been one of the worst performing months in terms of price increases relative to the month prior. Over the last five years, prices have increased just once. In February values have increased four of five years relative to January. The one instance of…
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
Table 1
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...