Ruminant Blood Meal Prices Track Recent Relationship to Soybean Meal

Ruminant Blood Meal Prices Track Recent Relationship to Soybean Meal

Ruminant and porcine blood meal prices have traded sideways this week. The volatility in the soybean meal market has both buyers and sellers proceeding cautiously. Through nearly the first half of the month, ruminant blood meal out of the Missouri River market has averaged 242 percent of the price of nearby soybean meal, a touch above the prior three year and right in line with the prior five year average. Historically, prices have moved higher in March relative to February and the expectation for tighter production through the first…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

Membership required to view content.
 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

Latest Tweets