Ruminant meat and bone meal (MBM) traded higher out of the Texas Panhandle market this afternoon. Sellers are starting to see more interest in the mixed species material. The July soybean meal (SBM) contract settled at $414.70/ST today and is up 3.8 percent over the last five trading sessions. Ruminant MBM remains well valued versus soybean meal and buyers may be upping their inclusions for May at these lower prices. Through today, the April market is averaging…
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...