Feather meal prices are higher this week, driven by good demand and support from a stonger soybean meal market. Bean meal prices were up again today at the CME and up just over 16 percent since September 1st . The December contract settled at $361.80. The relative price to soybean meal for the AL/GA market today stands at 86 percent, which is still well under the prior three year average of 107 percent. The strong soybean meal market and continued…
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...