Please Note – Ryan Standard will be out of the office until Monday, August 2nd. In his absence, please contact Chloe Krimmel at [email protected] or 732.642.6302.
Meat and bone meal traded higher into Indonesia, topping out at $550 CIF. Tight supplies in New Zealand helped to boost prices and a similar market dynamic is playing out for Taiwan, Malaysia, and Vietnam. Australian cattle slaughter continues to trend at multi-year lows with the MLA estimating last week’s harvest at 93,480 head. The tight production has limited changes in the Australian domestic market for bovine MBM as well, but next week will bring August tenders to light and there is risk for higher prices. Strong pet food…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.