A quiet and steady call was witnessed for Thursday. Logistical issues after the holiday are improving as the week progresses still remain the largest factor affecting the trade.
Feathermeal production for the entirety of 2021 has been lower than 2020 as well as the prior three year average. With the most recent release of the USDA Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks report, a year-over-year decrease of 8.3 to 28.3 percent has been witnessed throughout the 2021. Year-to-date production as of October is at 846 million pounds, a significant drop of 16.7 percent or 170 million pounds compared to the Jan – October period for 2020.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...