Meat and Bone Meal Prices Steady

Meat and Bone Meal Prices Steady

Trading in the protein market was flat today with no changes reported. The resumption of trade into Indonesia has helped push offers higher on pockets of pure beef MBM, but thus far the bulk of domestic trading for ruminant MBM has been steady.

Through the first two weeks of August, porcine MBM out of the Missouri River market has averaged a relative price of 71 percent to nearby soybean meal. The prior three year average for August is 91 percent and for September, 87 percent. The low,…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

Latest Tweets