**Please Note** At the request of our subscribers and several market participants we will close trade on Fridays at noon CT and publish shortly after. The summer Friday publication schedule will start next week on Friday, May 26th and continuing every Friday through September 1st.**
For the week, animal proteins were generally flat with several attending The Jacobsen Biofuels Conference and others not taking a market position until after the Memorial Day holiday. This left most values flat for the week with limited week-on-week adjustments. Unsettled tones were noted with several watching the CBOT volatility and witnessing declines on animal feed variants. Pressure on other animal feed items, such as DDGS and corn gluten meal, have been pressuring items even with limited inventory communicated. With the upcoming summer season and accounts of higher heifer culling due to dairy pricing drops; this not only limited animal feed for the near…
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...