Ruminant MBM prices were mostly flat today on an FOB basis but did trade lower into the AL/GA and Eastern markets. Feathermeal prices were similarly flat with the exception of Mid-South trading, down $12.50 on an FOB basis. Sellers in some regions are struggling to hold price firm due to the downturn in soybean meal market. Reports of reformulations are increasing and with more of April falling in the nearby window, the risk of lower prices is expected to persist in the near term. The one…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...