Ruminant MBM prices were lower into the AL/GA and Eastern markets today. Cheaper material from the Midwest has pressured the delivered values lower into the AL/GA and Eastern markets. Porcine MBM was flat with yesterday’s trading range. Low relative prices and heavy supplies are balancing the market at the moment with little indication of prices sinking, or rising, in the very near term.
Feathermeal prices have been steady this week, but there are indications of higher prices in the near term. Broiler slaughter is expected to rise over the next six weeks,…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...