The significant spread of Avian Influenza in the US this past month as well as the instability of CME soybean meal has created unsettled tones, drastically wide ranges, as well as diminished export trade on poultry by-product items. A have-have-not tone has been witnessed this week as excess inventories are reported at some locations, while others note thinner inventories.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...