Trading was quiet in the US animal protein market on Monday September 23, with no changes reported.
Market sources continued to express concern over the looming port strike set by the International Longshoremen’s Association union for October 1, which includes major US ports from Maine to Texas.
These ports handle about half of the nation’s cargo from ships, market sources said, adding that the strike could devastate the rendered poultry meal markets, which are primarily based in the US Southeast.
“Even with decent pet food demand, [animal] feed would not be able to absorb the poultry [by-product] volume quick enough,” one industry source told Fastmarkets.
Hog slaughter
…
10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...