Trading was overall quiet for Tuesday with several participants attending the 2023 American Fats and Oils Association conference in Nashville. Porcine bloodmeal, Mid-Atlantic was moved higher on thinner offerings and increased demand. Porcine meat and bonemeal was mixed with the Carolinas higher on tight inventory levels, while Mo. River and Eastern IA/ILL showed a slight dip at the top. Trades as high as $450/st were reported on the Mo. River ruminant meat and bonemeal; however, values above the current range could not be confirmed at press time. Poultry by-product feed grade was reported lower on decreased exports with global Avian Influenza concerns.
GCAU’s Move Higher on Increased Hog Head Counts
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...