Prices for meat and bone meal into Asian markets were unchanged this week, and prices were mostly steady in the US and Australian markets.
In other news, US animal protein export data was released by the USDA, showing a drop in meat meal exports and an increase in feathermeal exports relative to the prior month.
September meat meal exports were estimated by the USDA at 81,154 tonnes for September, down by 5,979 tonnes from August.
Vietnam remained the largest buyer by volume, importing 20,972 tonnes in September and 197,898 tonnes for the year.
…
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...