Mixed Direction on Ruminant MBM Prices

Mixed Direction on Ruminant MBM Prices

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…

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05.16.2024

Animal fat prices steady on limited volume traded

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,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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