Spread narrows in rumimant and porcine MBM markets

Spread narrows in rumimant and porcine MBM markets

Ruminant MBM traded higher out of the IL-renderer market on Thursday, following a trend of higher FOB prices this week. Outside of the IL-renderer market prices were indicated steady out of the FOB and into the delivered markets today. Porcine did trade lower, down to $400 Eastern IA/IL and FOB Indiana. Trading out of the Carolinas was up $10.

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04.29.2024

Strong domestic biodiesel margins support rising crude glycerin inventory

Strong domestic biodiesel margins support rising crude glycerin inventory

Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.

04.29.2024

Gulf tallow prices higher; optimism builds for higher demand for June

Gulf tallow prices higher; optimism builds for higher demand for June

Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...

04.29.2024

Animal protein prices steady at start of the week

Animal protein prices steady at start of the week

US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...

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