Ruminant MBM prices moved higher today. Sellers have been able to leverage the higher soybean meal prices and steady demand into higher prices for both ruminant and porcine material. Ruminant trading was reported as high as $225 FOB, but the bulk of material traded at lower numbers. Offers are out higher on delivered material into AL/GA and the Eastern market, but thus far, price increases were limited to $5 into the Eastern buyers.
Feathermeal values moved…
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...