Trading was fairly quiet today for both ruminant and porcine MBM. Both buyers and sellers were reporting a steady range. Strong export volume may be putting a floor in the market with big porcine volumes booked in June. Historically, prices in July have been stronger in the ruminant MBM market. Over the last five years, prices in July have increased relative to June 80 percent of the time. Slower cattle slaughter has been a big contributor to the move higher and this year the production is expected to increase relative to June which makes it reasonable to…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...