11.27.2023
Appeals Court Strikes Down EPA’s Denial of SREs
*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.
On November 22, a U.S. appeals court struck down a decision...
Please note – Chloe Krimmel was out of the office on Friday and will return on Monday, November 13th. In her absence, please contact Ryan Standard
The market was quiet today, although ruminant MBM did trade lower out of the Mo. River market.
For the week, the animal protein market was fairly quiet with wide ranges indicated throughout the complex. Prices did trend lower somewhat despite a stronger soybean meal market. Pet food grade poultry by-product meal (PFG PBM) had the biggest drop this week with the Mid South market down to an average of $695 FOB. Sources reported trading as low as $600 for PFG PBM this week, and there were multiple reports of heavy, nearby spot supply.
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