Ruminant meat and bone meal (MBM) prices traded lower again on Wednesday December 11, falling to a range of $190-300 per short ton FOB Mo. River and down to $180-200 per ton FOB Illinois for renderer-grade material.
Sources continue to report excess nearby mixed species MBM supply, which is dragging down the bottom side of the trading range across the ruminant MBM complex.
Deals were heard as low as $150 per ton FOB Mo. River on Wednesday for mixed species MBM, but those deals were not confirmed.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...