US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a sluggish trading week due to a combination of participants attending the American Fats and Oils Association (AFOA) conference, the grain harvest diminishing truck availability and overall unease of price direction.
Even though most values were steady, week-on-week averages were mixed due to adjustments in the week to October 18.
Most items moved lower on the weekly average by 1.0-2.2%, though poultry by-product pet food grade moved higher by 0.44% week on week.
A low of $850 per short ton was reported on ruminant bloodmeal, Missouri River for Thursday October 17, dropping the weekly average to $917.50 per ton, down by $10 per ton week on week.
…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...