05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Ruminant MBM prices traded in mixed direction today, lower on mixed species material FOB River and Panhandle and higher on pure beef material out of Illinois and into the AL/GA market. For the month, prices are at 90 percent of soybean meal, which is still a very good value when comparing protein content. Prices are 15 percent over the prior three-year average, but tight porcine supplies and good demand for the pure beef material may keep…