Trading was sideways on most products today with the exception of the Eastern ruminant meat and bone meal market. Prices were down $5 on average with lower priced material working into the East and Southeast from the Midwest.
There are indications of down pressure on ruminant blood meal, which is not surprising given the drop in porcine blood meal prices. Over the last three years, porcine blood meal has averaged a $26.41 premium to ruminant bloodmeal out of the Missouri River market. For April that premium increases to $83.03, porcine blood meal out of the IA/MO/NE (which is the…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...