Trading was quiet today and most of the conversations today centered on the extreme weather across much of the country. Rare snow events across much of the south have snarled logistics and production and most buyers and sellers are sorting out how to get previously traded goods from point A to B.
Cattle slaughter finished last week at 608,000 head, down 6.9 percent from the week prior. Weather last week slowed production and it’s forecasted to impact production this week as well. The cattle harvest is projected out at 630,000 head this week and at an…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...