Feather meal prices were up sharply out of the Alabama/Georgia market and increases were seen in the Carolinas, Delmarva and Mid-South markets as well. The strong soybean meal market and strong demand from feed, export and late aqua demand are all contributing to the higher prices.
Ruminant and porcine MBM prices moved in opposite directions last week with the increased hog slaughter starting to cap the rally in the porcine market. Porcine currently has a premium of $40 to ruminant for material out of the Missouri River market. The prior three year average for November is $30.89,…
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...