Ruminant MBM prices traded in mixed direction today, lower on mixed species material FOB River and Panhandle and higher on pure beef material out of Illinois and into the AL/GA market. For the month, prices are at 90 percent of soybean meal, which is still a very good value when comparing protein content. Prices are 15 percent over the prior three-year average, but tight porcine supplies and good demand for the pure beef material may keep…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...