Feather meal prices traded higher again today. A favorable price to soybean meal and tigher supplies are contributing to the continued run higher in the market.
Ruminant meat and bone meal prices FOB Missouri River finished November up 14.5 percent from October with prices boosted by the surging soybean meal market. The November monthly average price for MBM out of the Missouri River was the highest since 2014. While the price was the highest in six years, the relative price to soybean meal of 67 percent was in line with the prior five-year average of 69 percent (the relative price in 2014 was 97…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...