Porcine blood meal prices moved lower this week. A wide spread between porcine and ruminant blood meal is likely driving the downward pressure in the porcine market. The IA/MO/NE porcine blood meal is currently trading at a $100 premium to the Mo. River ruminant blood meal. The prior three year average premium for porcine to ruminant is $32 per ton for March and $26 per ton for April. It’s reasonable to expect additional negative price pressure on the porcine…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...