Please note – Chloe Krimmel is out of the office until Monday, November 13th. In her absence, please contact Ryan Standard
Trading today was mostly quiet but there was lower trading done on porcine and ruminant bloodmeal. Feathermeal was lower out of the Mid-South market and pet grade poultry meal was as low as $600 FOB Mid South on reports of strong nearby supply.
Values on soybean meal rose for the month of October, while several animal protein items were flat or lower on monthly averages. Due to the diverging trends in pricing, the average relative monthly price for proteins to soybean meal increased in October. The only item to not have an increase in the spread was bloodmeal, due to heightened demand pushing prices higher.
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09.19.2024
SAF roadmap, collaborations announced at Bali International Airshow
At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...
09.19.2024
US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say
The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.
09.19.2024
Animal protein prices steady; August cattle, hog slaughter down
US animal proteins were rangebound on Thursday September 19.
August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...