MBM Prices Flat, Shipping Issues Contribute to Quiet Trading Day

MBM Prices Flat, Shipping Issues Contribute to Quiet Trading Day

Meat and bone meal prices, both porcine and ruminant, were relatively flat today with limited changes reported. Sub-zero temps and plenty of snow have compounded an already difficult shipping environment and buyers seem to be getting a feel on immediate needs and gauging rail delays. Demand remains strong and the reversal in direction on the nearby soybean meal market is supportive of steady to higher prices in the MBM markets. Cattle and hog harvest numbers are forecast by…

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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