Thanksgiving Holiday and Increased Offerings Pressure Animal Proteins

Thanksgiving Holiday and Increased Offerings Pressure Animal Proteins

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.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

07.26.2024

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...

07.26.2024

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...

07.26.2024

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...

Latest Tweets