Seasonality Suggest Lower Bloodmeal Prices

Seasonality Suggest Lower Bloodmeal Prices

The protein market was quiet today on sideways trading. Sources have suggested that buyers are watching the prices of soybean meal continuing to climb and gearing up for bigger animal protein inclusions after the reformulations that pushed more material into the spot market over the last three weeks.

Porcine bloodmeal was lower again this week as sellers continue to discount material to keep product moving. Historically, values have decreased heading into the summer months. Over the last five years, the price in May has increased relative to April, twice. In 2018 the market increased $486.28, on average, from April. Excluding that…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

*all fields required

More from the author

11.20.2020

Tallow Prices Steady Heading Into Holiday Break

11.04.2020

DCO Prices Steady, Production Increases

10.23.2020

BFT Continues to Defy Past Seasonal Trends

Blog

05.04.2021

Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, May...

05.04.2021

Soybean Oil Prices Set New Highs Despite Bearish Data

Soybean Oil Prices Set New Highs Despite Bearish Data

Vegetable oil futures were mixed on Tuesday as reports suggesting Indonesian palm oil production could rise by more than seven percent in 2021 weighed on palm oil prices. Meanwhile,...

04.29.2021

Profitability Continues to be a Moving Target for Hemp Operators

Profitability Continues to be a Moving Target for Hemp Operators

The economics of hemp production are a moving target at this stage of industry development.  A large part of this is due to the lack of historical hemp prices, and...

Latest Tweets

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

Load More...