Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The only product to show price adjustments was poultry by-product pet food on indications of tighter inventory levels.
Fastmarkets’ daily assessment for poultry by-product pet food, Mid-South was $550-615 per short ton on Wednesday, compared with $525-600 per ton on Tuesday.
December NOPA crush
With the recent start-up of several new processing facilities in the US, the December crush figure was 206.6 million bushels, up by about 7% from the 193.19 million bu reported for November 2024 and besting the previous record of 199.94 million bu reached in October 2024.
The latest crush figure also came in 5.8% higher than the December 2023 crush of 195.33 million bu and was above the average market expectation of 205-206 million bu.
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