Porcine MBM prices moved lower today, despite continued low numbers on the hog slaughter. After a rush to fill the surge of demand in March and early April, pet food demand appears to be slowing and historically the summer period has brought slower, spot demand as well. Prices topped out at $450 out of the Midwestern markets today.
Inedible meat meal exports were up in March, totaling 86,462 MT, up 12 percent from February and up 39 percent from March of 2019. Indonesia was the largest buyer at 22,396 MT…
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...