Ruminant MBM prices were up today on tight, nearby supply. Demand continues with buyers looking for longer term commitments in the face of rising prices. Four US beef plants are currently idled with another three having reported COVID-19 cases. The current capacity of the idled plants is 9,500 head per day. With slaughter estimated at 99,000 head today, one can clearly see idled plants and reduced shifts are tightening supply. At current…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...