Ruminant MBM traded higher out of the Missouri River market this afternoon, up to range of $300 – 370. Sellers of both mixed species and pure beef material were out with higher top-end offers which have thus far gone unsold. The strength in the soybean meal market is driving the higher offers, but buyers have been resistant to price increases. For April, the Missouri River ruminant MBM market is averaging 81 percent of the price of nearby soybean meal (SBM). The prior three-year average for April is 79 percent. Looking at today’s market, the average falls slightly to 79 percent. The prior three-year average for May is 76 percent. Succinctly put, meat and bone meal…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...