Limited trade was indicated at the tail end of the week. Values were flat for Friday.
Trading in the US market this week was highly unsettled for most items and communicated as sloppy in the meat and bonemeal market. Ruminant and porcine meat and bonemeal were generally flat with softer undertones. Increased offerings were communicated from several locations in the interior, though there have been some that are tighter due to lower slaughter levels.
Bloodmeal was mixed to lower on accounts of buyer pushback from feed reformulations, excluding bloodmeal for the month of February. However, there was a small number of contacts who have conveyed strong demand for bloodmeal for the near term. Week-on-week, porcine bloodmeal, Mo. River, was lower by 3.4 percent, or $52.50/st, while ruminant bloodmeal dropped $10.00/st for the same period and region.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...