Porcine blood meal prices traded sharply lower today. Negative momentum had been building ahead of the holiday break and despite lower production numbers, sellers have had to discount material to keep it moving. Reformulations from the feed sector on a number of ingredients are driving prices lower across nearly all markets. Porcine blood meal FOB IA/MO/NE finished March with a relative price to soybean meal of 298 percent, 48 points over the prior three-year average. It’s reasonable to expect buyers to push for levels closer to the prior…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...