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…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...