Bloodmeal Averages Up Sharply

Bloodmeal Averages Up Sharply

**Please Note** At the request of our subscribers and several market participants we will close trade on Fridays at noon CT and publish shortly after. The summer Friday publication schedule will start next week on Friday, May 26th and continuing every Friday through September 1st.**

For the week, animal proteins were generally flat with several attending The Jacobsen Biofuels Conference and others not taking a market position until after the Memorial Day holiday. This left most values flat for the week with limited week-on-week adjustments. Unsettled tones were noted with several watching the CBOT volatility and witnessing declines on animal feed variants. Pressure on other animal feed items, such as DDGS and corn gluten meal, have been pressuring items even with limited inventory communicated. With the upcoming summer season and accounts of higher heifer culling due to dairy pricing drops; this not only limited animal feed for the near…

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

Blog

06.06.2023

Higher SBO Market Sparks Boost in Offer Prices

Higher SBO Market Sparks Boost in Offer Prices

Distiller’s corn oil traded at 55 del Manly, IA for the nearby market and in a range for July and August today. There were offers to sell as high...

06.06.2023

Minnesota Clears the Way for Hemp-Derived Cannabinoid Markets

Minnesota Clears the Way for Hemp-Derived Cannabinoid Markets

Minnesota is rolling out new cannabis legislation that creates a pathway for select intoxicating hemp-derived cannabinoids.  The state has also followed New...

06.06.2023

Pasture and Range Conditions Improve for Most States

Pasture and Range Conditions Improve for Most States

Animal proteins were mixed for Tuesday, with unsettled undertones present in poultry items. Communication of a have-have-not spread has led to irregular ranges on all regions for poultry-by and...

Latest Tweets

Twitter feed is not available at the moment.