Lower soybean meal prices and port congestion continue to weigh on the feathermeal market. Trading was reported in good volume between $450 – 500 FOB Mid-South today. Trading was lower out of the Carolinas market as well. The nearby soybean meal market is off 5 percent from March 1st and 14 percent from the high of $465 per ton on January 14th. Mid South feathermeal prices increased steadily since the start of the year, recently topping out at an average of $587.50 on March 3rd. The relative price to soybean meal on March 3rd was 140 percent, a fundamental signal for lower prices. Feathermeal prices are down 14 percent over the last week…
02.06.2025
US inedible meat meal, feathermeal export volumes decline y-o-y in 2024
US feathermeal (FM) exports decreased month on month in December, while inedible meat meal (IE MM) exports increased, according to data from the USDA Foreign Agricultural Service’s Global Agricultural...
02.06.2025
Stronger US demand support higher Brazilian tallow prices
The price reference for exported Brazilian tallow increased in the week to Thursday February 6 amid stronger demand from US buyers, sources told Fastmarkets. Meanwhile, the domestic market edged...
02.06.2025
US weekly soybean meal exports, sales surge to new marketing-year highs
2024/25 soybean meal sales were up by 29% week on week to a total of 530,600 tonnes, compared with 410,300 tonnes the week before.
Meal sales increases went...