Ruminant meat and bone meal was higher into the East and AL/GA markets today. Shipping issues and tighter production helped to drive the market up this week.
Feathermeal remains well supported at current values with both export and domestic blenders continuing to exhibit strong demand. Feathermeal exports for 2020 were nearly even to 2019 in total volume. Total export tonnage on the year was 90,048 tonnes down 1 percent from the 90,455 tonnes in 2019. December closed the year with 7,691 tonnes exported. The largest buyer by volume was Indoneisa at 3,837 tonnes. Honduras followed at 978 tonnes and Vietnam imported 922.3 tonnes.
On the year, Indonesia was the largest importer taking in 41,603 tonnes or 46…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...