Meat and bone meal prices, both porcine and ruminant, were relatively flat today with limited changes reported. Sub-zero temps and plenty of snow have compounded an already difficult shipping environment and buyers seem to be getting a feel on immediate needs and gauging rail delays. Demand remains strong and the reversal in direction on the nearby soybean meal market is supportive of steady to higher prices in the MBM markets. Cattle and hog harvest numbers are forecast by…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...