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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04.17.2024

What is Biodiesel?

What is Biodiesel?

Biodiesel is a renewable fuel produced thorough the transesterification process. Transesterification is a chemical progression that converts vegetable oil, or other fats, oils and greases, into biodiesel. ...

04.17.2024

DCO production falls on seasonal maintenance in ethanol sector

DCO production falls on seasonal maintenance in ethanol sector

Distiller’s corn oil (DCO) traded into the Gulf market in a range of 44.5 – 45.25 cents lb delivered on Wednesday.
Slowing demand for May has contributed to...

04.17.2024

Broiler slaughter moves higher into May

Broiler slaughter moves higher into May

Animal proteins on Wednesday April 17 had modest range adjustments, with market sources calling the market, "quiet." Meat and bonemeal as well as bloodmeal remain under negative pressure, however,...

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