A rally on most CBOT grain items led to some participants sitting on the sidelines for Wednesday. Unsettled weather conditions are expected to affect the CME for the near term due to anticipations of persistent and widespread drought. Most animal protein values were within, or slightly outside, the previously set ranges. A high of $1350/st was reported on porcine bloodmeal, Indiana. Contacts communicated tight offering levels on both porcine and ruminant items, as active demand persists even with the higher relative values to other animal feed items.
Weekly Broiler Slaughter
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01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
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