The tone for today was mixed but was highly active with most participants trading in the animal proteins market. Values were unsettled and some items were trading in wider ranges due to market unease and higher soybean meal values.
The largest jump of the day was on porcine bloodmeal. While ruminant bloodmeal was flat, porcine moved higher on strong interest levels and diminished inventory. A high of $1200/st was reported out of the IA/MO/NE and $1250/st in Indiana, however, the bulk of the market could not be confirmed that high as of press time. IA/MO/NE was confirmed in bulk at $1000-1150/st while IN was $1150-1200/st, a significant jump for both regions.
…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...