Bloodmeal prices have come under downward pressure this week on increased supply and reformulations from some of the demand sectors. Hog slaughter has increased this week by 21 percent or 255,000 head. Porcine appears to be particularly vulnerable to risk for lower prices in the near term due to the increased production. Porcine MBM is at risk for lower prices as well. Established relationships and steady supply streams have netted values north of $350 this…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...