Feathermeal prices were steady today, although there are indications that some extra material is starting to show up in the market. Shipping issues threaten the ability of sellers to get material into importing countries and prices over $550 are pushing buyers in the US feed sector to take a harder look at including more soybean meal in their rations. Port congestion and container shortages are limiting exports into the APAC region and pre-Ramadan business appears to be mostly tied up out of Indonesia and bids have come off $50 or more on feathermeal. The slower export business and high…
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...