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…
01.03.2025
Imports of biodiesel, renewable diesel continued to slow during October
US Energy Information Administration (EIA) data released on Tuesday December 31 showed biodiesel and renewable diesel (RD) import volumes declined during October 2024. Biodiesel imports had fallen during five...
01.03.2025
Renderer BFT prices climb; CWG closes week lower
The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.
01.03.2025
US meat meal production in November down year on year: USDA
US animal proteins prices on Friday January 3 were steady day on day.
November animal by-product production, stocks
In November, US production of feathermeal (FM) increased month on...