Feathermeal moved higher today in the Mid-South on confirmations of trading at $625/st. Higher have been indicated, though trade was in limited volume.
Animal proteins had limited trade this week with several participants attending the American Fats and Oils Association Conference (AFOA) in Nashville, TN. Pressure was reported on pet grade poultry by-product meal and chicken meal on multiple accounts of excess offerings in the Southeast and Mid-South regions. The increased inventory was attributed to diminished pet food demand and a closure at a pet food processing plant. Meat and bonemeal as well as bloodmeal were flat for the week, though some regions witnessed adjustments to align with traditional regional spreads.
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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,...