Protein prices were steady today with no changes reported. Strong demand across the spectrum is supporting current prices. Soybean meal prices continued their bull run today up $8 on the December contract. There has been some pushback on higher levels, especially on the porcine meat and bone meal, but at just shy of $372 the market remains well priced versus soybean meal. Porcine and ruminant blood meal prices were…
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...