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…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...