05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Meat and bone meal prices were higher today, topping out at $350 FOB. End users are paying up to secure coverage through the holiday break, but there have been instances of lower-priced material popping up due to difficulties with export logistics.
Feather meal values were higher today, driven by tighter production and ample demand from a broad spectrum of buyers, both for export and domestic sales. Soybean meal prices were higher again today, flirting with the $400 level but closing short of that at $396 on the December contract. With the Thanksgiving break next week,…