The expanded recall on pet food items from a plant in Texas has contributed to an extensive drop on the ruminant meat and bonemeal. Participants indicated the upcoming holiday, along with the flooded markets, have caused the significant drop in values. Not only do the pet food domestic issues affect the market but diminished export trade into Indonesia and Vietnam continues to weigh on ruminant meat and bonemeal. Bids as low as $250/st were reported for material out the Mo. River region and the Tx. Panhandle markets. Porcine meat and bonemeal was generally flat with most trades landing within the previously set ranges.
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10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...