SBM Starting to Pressure Feathermeal Market Lower

SBM Starting to Pressure Feathermeal Market Lower

Feathermeal traded lower out of the Mid-South and Minnesota markets this week. Over the last five years, the March average price for Mid-South feather meal has been higher than February three times, or 60 percent. The Mid-South market has averaged $19.53 higher in March relative to February over the 2015 – 2020 period. Seasonal increases in fertilizer and aquaculture demand have helped boost prices in the past, but shipping delays are contributing to heavier interior supply. Additionally, the down move in soybean meal has buyers in the feed sector considering increasing their soybean meal inclusions. Buyers will push to…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

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