05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Porcine bloodmeal was reported at a low of $1100/st FOB Mo. River, along with ruminant bloodmeal FOB Tx. Panhandle. Other regions for ruminant and porcine bloodmeal were rangebound for Wednesday.
Porcine meat and bonemeal FOB Mo. River was indicated as high as $400/st, though the majority of trading, both in terms of tonnage and buyers/sellers, have been in the current printed range of $340-390/st. Ruminant meat and bonemeal values remained within the previously set ranges for the day.
Pet grade poultry by-product was mixed for the day. The Southeast region moved as a low as $750/st on indications of excess offerings at some locations. The other regions continued to trade at a premium to the Southeast on reports of active demand.
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