On both the international and US markets, most items saw steady values with only slight range adjustments. The largest change on the US front was on feathemeal, which saw downward pressure from the soymeal declines leading to a low of $606/mt fob on most regions. With the end of the month, a shortened week, as well as highly unsettled tones, wider ranges were witnessed due to current and out-front pricing levels.
The MLA estimated Australian National harvest at 116,534 head for week ending May 26th. This is down 2.5 percent or 3,017 head from last week but 20.0 percent or 19,445 head higher from last year. Slaughter levels continue to remain well above the prior year for 2023,
Relative to the NZD dollar, the USD…
10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...