Ruminant MBM traded lower today with a lot of action seen in the $150 – 160 range for pure beef material out of the Missouri River and Panhandle markets. Porcine prices are steady, but the increasing hog slaughter adds risk to the market for lower prices in the near term.
Feathermeal moved higher out of the Mid-South market and tightness coming off of the holiday coupled with projections of slowing, Saturday production has helped to push prices higher. Through the first half of the month, Mid-South feathermeal has an average of $248.50, which would be the lowest monthly average for July since 2006, when the average…
05.09.2024
Michigan among growing list of US states incentivizing SAF
Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...
05.09.2024
US fat exports hit multi-month high on shipments to Singapore
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to...
05.09.2024
Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat and bonemeal relative to soybean meal
Ruminant meat and bonemeal...