For Wednesday, meat and bonemeal as well as feathermeal were reported within the previously set ranges. The chicken meal, Mid-South price was unquoted today, due to a lack of fresh reports in the market.
Most other items were unsettled at mid-week. Bulk trades for porcine bloodmeal, Mo. River, were indicated in a new range of $1150-1200/st. Limited trade has been reported outside this range as well as bids and offering levels further out. However, pressure on porcine bloodmeal has been indicated from most with the diminished feed inclusion increasing offering levels. Ruminant bloodmeal was flat on the day and at an inverse to porcine, most likely due to the lower cattle slaughter levels keeping inventories tighter, even with less demand reported from some.
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12.30.2024
Glycerin prices on rise while inventories fall
Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production is leading to reduced supplies.
One trader reported for...
12.30.2024
Early publication of US agricultural products price assessments: pricing notice
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central...
12.30.2024
US bloodmeal price spread widens even with an elevated low end: 2024 recap
US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4,...