Ruminant MBM prices moved higher into the AL/GA and Eastern markets today. Pure beef 50 pro packer material is trading as high as $385 delivered into the Eastern market. Tight protein supplies in the region are contributing to the higher prices, but the wide spread between the average Midwestern values and the prices delivered into the East adds risk for lower prices after the holiday break.
Pet grade poultry by product meal traded higher out of the Southeast today. Demand remains very strong and spot availability is tight. Sellers of poultry proteins are seeing tight raw material supplies and big demand from the pet food sector. Broiler…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...