Ruminant meat and bone meal traded lower out of the Illinois renderer market and into the AL/GA market today. Sellers continue to cut prices to keep product moving after usage cuts from the feed sector. Feathermeal prices are under similar pressure after reformulations tied to high relative prices to soybean meal. The Carolinas market ended March at a relative price to soybean meal of 130 percent, 12 points over the prior three year average. April has historically been a month of higher…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...