The market was quiet today with no changes.
Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen.
The one exception was ruminant meat and bonemeal which was flat with January on limited changes through the month.
Ruminant bloodmeal varied by region, with the Texas Panhandle dropping 4.7 percent from January and the Mo. River up 2.9 percent.
Porcine meat and bone meal was firmer from the mid-to-end of February on indications of increased domestic demand as the spring season approaches. The monthly average rose 7.5 percent, or $23.17/st, from last month.
Porcine bloodmeal was on the opposite side of the spectrum, dropping 10.2 percent, or $151.91/st from February’s monthly average. Sources conveyed a continued loss of demand in feed formulations, as the price of soybean meal and other feed related items dropped.
…
10.07.2024
CleanJoule seeks to break SAF blend wall, lower price
Startup producer CleanJoule says its sustainable aviation fuel (SAF) process could allow for blends of up to 100%, and could eventually be priced competitively with conventional jet fuel, Mukund...
10.07.2024
European market for animal fats and oils higher on strength in biodiesel, gasoil markets
Distillers’ corn oil (DCO) traded lower into Manly, Iowa on Monday October 7, falling by 0.25 cents per lb from the last traded price, the lone report in what...
10.07.2024
US poultry by-product prices steady to lower; hog slaughter forecast higher in Q4
Trading was mostly quiet in the US animal protein market on Monday October 7, with minimal price changes reported. Poultry items were indicated as steady to lower, though price...