MBM traded higher into the Eastern market today, up $5 from last week. The spread of MBM into the Eastern market versus the Mid South and Delmarva feed grade poultry by meal market has grown to $57.50. The prior three year average is a $35.80 premium for MBM to the Mid South market and $15.33 premium for MBM versus the Delmarva market. Given the surging meat and bone meal markets, both ruminant and porcine, and the widening spread to alternative products, there is…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.