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 moved higher relative today for ruminant and porcine material. Sellers are seeing increased interest from the international market, but shipping concerns remain an issue with rail interruptions, container shortages and port congestion all contributing.
Feather meal prices moved higher again today with limited supplies driving spot market values higher. Higher bids have been reported for short covering. Despite the price increases, feather meal remains well valued versus soybean meal. The Delmarva market finished today at an average of $437.50, which is 99.8 percent of the price of March…