Ruminant MBM prices were mostly flat today on an FOB basis but did trade lower into the AL/GA and Eastern markets. Feathermeal prices were similarly flat with the exception of Mid-South trading, down $12.50 on an FOB basis. Sellers in some regions are struggling to hold price firm due to the downturn in soybean meal market. Reports of reformulations are increasing and with more of April falling in the nearby window, the risk of lower prices is expected to persist in the near term. The one…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...