Ruminant MBM prices fell today out of the Missouri River and Illinois renderer markets and into the East. Sellers have suggested that export difficulties continue to weigh on the market due to port closures in Asia and added rail difficulties due to Hurricane Ida this week. The spread between ruminant MBM and porcine MBM FOB Mo. River is $55 today, $24 over the prior three year average September and $38 over the prior three year average for October. Given the wide spread and the expectation for increased hog slaughter heading…
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...