Porcine blood meal traded higher today out of the Mid-Atlantic and Indiana markets. Some sellers and buyers are getting anxious with values touching as high as $1200 FOB. The prior y three average ratio to soybean meal for the IA/MO/NE porcine blood meal market in February is 225 percent. That value would translate to $960 on today’s soybean meal market. With that stated, the range has varied from a high of 322 percent in 2017 to a low of 190 percent in 181 percent in 2018. Over the last ten years the porcine blood meal market has traded higher in February relative to January at a rate of 70 percent. Succinctly put, seasonality suggests higher prices in the near term and the historical relationship…
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...