**Please note – Chloe Krimmel will be out of the office until Monday, November 13th. In her absence, please contact Ryan Standard at [email protected].**
Trading was very quiet today with few changes reported. Ruminant MBM did trade as low as $420 into the Eastern market today, but there was action reported on the high side as well.
August Cattle Margins
According to the most recent USDA Cattle Feed Simulator, cattle margins have remained in positive territory for the past year and are well above the prior year for August. A gain of $20.48/st for the current year is noted from a negative $11.97/st in August 2022. (Fig. 1). The higher cattle margin values were expected from most market participants due to the current cattle phase, moving cash values upwards of $240-250/st on 750-800 lb cattle for August.
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01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...