Limited trade was again reported for Thursday. However, higher values were indicated for porcine meat and bonemeal, Indiana. Increased offerings have been reportedly lower following the holiday season and the winter weather affecting production. A high of $410/st was reported for the region. Porcine bloodmeal was also higher in Indiana, though a high of $1600/st could not be confirmed as the bulk of trade for the current session.
Grain Consuming Animal Units Forecasted Higher into 2024
The most recent January USDA Feed Outlooks indicates the GCAUs (Grain Consuming Animal Units) are anticipated to increase by 0.9 percent, or 871,734 head, from the 2022/23 marketing year into 2023/24. The head count was estimated to be at 100.73 million head for 2023/24, 2.598 million head higher from the base estimate in May of 2023.
…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...