Fundamentals Suggest Higher Porcine MBM Prices in May

Fundamentals Suggest Higher Porcine MBM Prices in May

The animal protein market was again sideways today with no changes reported. Again, sellers continue to ask for higher prices but thus far the market has traded steady. Porcine bloodmeal seems to have found a near term bottom. The April average price to nearby soybean meal is 252 percent for the IA/MO/NE market, 26 points under the prior three year average. Historically, the relative price to soybean meal has increased in May as hog slaughter is seasonally tight. A…

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01.29.2025

DCO prices strengthen as output, ethanol production decline on week

DCO prices strengthen as output, ethanol production decline on week

Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.

01.29.2025

Automotive leather sector wary of potential US tariffs on Chinese goods

Automotive leather sector wary of potential US tariffs on Chinese goods

For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...

01.28.2025

US animal fats and oils Gulf markets show continued price strength amid tight conditions

US animal fats and oils Gulf markets show continued price strength amid tight conditions

The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.

The Gulf Coast region has experienced...

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