US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that the reintroduction of Saturday kills will increase supply.
A looming port strike by the International Longshoremen’s Association (ILA), anticipated for October 1 unless an agreement is met, had several market participants concerned due to the effect it could have on stock levels and overall prices.
The ILA covers ports from Maine to Texas, employing thousands of workers under the United States Maritime Alliance (USMX).
“With an ILA membership united, coupled with an army of international dockworker unions ready to join the ILA in their battle against USMX, [ILA] president Harold Daggett is certain that ILA members will achieve a landmark agreement, even if it takes a coast-wide strike beginning October 1 to get it,”
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...