Values were generally flat at the end of the week. Confirmations on higher ruminant bloodmeal pushed the values up to a new range of $1025-1150/st. Values over were reported but could not be confirmed as of press time. Lower porcine meat and bonemeal was indicated today, dropping the low on Mo. River to $380/st.
The animal proteins market was highly irregular this week. Pressure was witnessed on ruminant meat and bonemeal, feathermeal, and poultry by-product pet grade, even with a rise in soybean meal. Next week, some packing plants will have a three-day processing week due to the Thanksgiving holiday on Thursday, creating more unease in the market.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...