Feathermeal prices are up again this week extending the rally to 30 weeks across many of the markets. Seasonal increases in aquaculture and fertilizer demand are apt to keep the market well supported in the near term. The relative price of Alabama/Georgia feathermeal is up to 120 percent and has averaged 112 percent for the year. At 120 percent, feathers still work into feed rations as a protein ingredient and the tightness in the market combined with the oncoming, additional demand add continued risk for higher prices. One major factor in the market that could spoil the rally, is shipping issues into Asia. January export figures are expected from the USDA FAS on Friday, and…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...