Organic soybean meal prices are steady with offers as low at $710 in Michigan, and as high as $760 in areas of Wisconsin and Illinois. With labor strife at the Port of Montreal disrupting supply chains in Eastern Canada prices on the east coast are also bifurcated. The walkout by dockworkers is nearly two weeks old, according to Merchandisers. According to an article in the Wall Street Journal, the longshore workers have been working without a contract since the end of 2018, and they’re looking for an improvement in scheduling. Montreal is a major gateway for both container and bulk-industrial grains which is forcing some shippers to look at Halifax and even to some U.S. East Coast ports as alternatives.
According to an article reported by the Midwest Center for Investigative Reporting, nearly 400 slaughterhouses in the US have had outbreaks of the coronavirus as of August 19, 2020. The issue is…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...