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…
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...