Trading in the MBM markets was quiet today with no changes reported. There continues to be mixed tones, sellers with export avenues are dealing with less spot supplies and holding their offers steady to higher, but mixed species material continues to struggle to move. Bloodmeal trading was steady today as well, but there are additional reports of heaviness in the market and prices are starting to consolidate in volume towards the lower end of the range.
Feathermeal trading moved higher this week as demand has increased in response to the favorable values to soybean meal. The FAS released export data showing a 37 percent increase in…
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...