Trades on animal proteins for the day were indicated as generally steady with most participants communicating a quiet start to the week. Feathermeal, which was reported as lower on soybean meal volatility saw the most adjustments on the day. Porcine bloodmeal as well as meat and bonemeal saw range variations in the Mid-Atlantic on accounts of limited offering levels and active demand. Several contacts stated out front trades are in progress with the upcoming 4th of July holiday weekend, tightening offering levels on spot trades.
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01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
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