Over the last ten years, the Missouri River porcine MBM price in July have increased relative to June at a frequency of 90 percent. This year looks to buck the trend of higher prices, with the average through the first four weeks of the month down $12.39 relative to June. Prices in June were down $127.36 relative to May, a record drop from one month to the next. Historically, August has brought lower prices to the market with prices decreasing relative to July in 6 of the last 10 years. The average price move from July to August for the Mo. River market is ($16.96). Production has historically bottomed out in June and July and increased through the second half of the year. The seasonal low was pushed into the April and May time window this year due to…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...