Porcine meat and bone meal (MBM) traded lower out of the IA/MO/NE market today, down to a low of $400 per ton FOB. The sales were for nearby material and sellers have said that anything beyond a two-week window has been a hard sale.
The high price relative to ruminant MBM and soybean meal, as well as weak demand from the export market, have all weighed on the price. Ruminant MBM did trade higher out of the Panhandle market today, up to an average of $300 per ton FOB.
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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...