**Please note – Ryan Standard is out of the office until Monday, February 12.**
A quiet trading day was reported in the fats and oils market, keeping values flat for the start of the week.
For the week ending February 10, 2024, cattle slaughter is forecasted at 625,000 head, 0.5 percent down from 2023 and 1.9 percent lower than last week. Over the next six weeks, cattle slaughter is expected to average 619,170 head per week, 1.9 percent lower than 2023 for the respective time.
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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...