Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly sideways with some weakness in the porcine and ruminant bloodmeal markets, and strength in the poultry bloodmeal market.
Feathermeal did trade lower today, falling below $500/st on the bottom side of the FOB range. Sources continue to report tight supplies on pet grade poultry by-product meal (PFG PBM), and tight supplies on rendered poultry products in general. Trading was reported higher today on an FOB basis for PFG PBM FOB Southern markets.
Livestock and Poultry Slaughter
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11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...