05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Ruminant meat and bone meal prices moved lower into the Eastern and AL/GA markets today. Heavy supply of ruminant MBM out of the Midwest and heavy supplies of porcine in the Midwest and Eastern markets continue to weigh on prices.
Feathermeal traded lower out of the Mid South market and prices were sideways in the Southeast and East. The holiday break has offered some reprieve to sellers, but strong supplies coming out this week may add additional downward pressure to the market. Export volume helped to limit the price decreases over the last couple of weeks as well. For June, the relative price to soybean meal for the AL/GA feathermeal market was 87…