MBM Moves Higher to Close out Week

MBM Moves Higher to Close out Week

**Please note: Chloe Krimmel is out of the office until January 29. Please reach out to Ryan Standard for questions, comments, or trading.**
Trading was mostly quiet today, but prices for dry rendered tankage moved lower. MBM and blood meal prices did move higher on trading done late yesterday. 

Values for the week were generally flat on animal proteins due to extreme cold and snowstorms, halting or delaying freight and production. Prices moved higher on porcine meat and bonemeal as well as bloodmeal in Indiana. Most participants conveyed an increased focus on logistics and production versus spot trade.

Fig. 1

Membership required to view content.

Fig. 2

Membership required to view content.

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

12.26.2024

East Coast renewable diesel supplies likely to decline: EIA

East Coast renewable diesel supplies likely to decline: EIA

Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...

12.26.2024

US animal fats and oils markets mostly stable, with movement only in CWG

US animal fats and oils markets mostly stable, with movement only in CWG

The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.

The only notable activity observed...

12.26.2024

Avian flu spikes in poultry, cattle sector at end of 2024

Avian flu spikes in poultry, cattle sector at end of 2024

US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.

US avian flu update
Year-to-date US poultry headcounts affected by...

Latest Tweets