Ruminant MBM prices moved lower today as demand at the high end of the range has eroded. Mixed species MBM is trading at the lower end of the range and there is risk for wide spreads in the near term with pure beef material consistent in the $300 – 320 range. Porcine MBM fell as well today, cheaper soybean meal and increased supply has weighed on the market.
Feathermeal prices were reported in a wider range out of the Mid South and $10 lower on the bottom end of the Carolinas market. Like most markets…
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...