Trading was mostly steady today with buyers pushing for lower prices basis recent drops in the soybean meal price. Sellers are pushing for higher prices basis tighter holiday production ahead and most animal protein values priced well below the historical average to nearby soybean meal.
Feather meal traded higher out of the Delmarva market today, $400 – 410 FOB. Delmarva feather meal finished November at a relative price to soybean meal of 88 percent, 19 points under the prior three year average. The prior three year average for December is 110…
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...