09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Most values were generally flat on Thursday, with the exception of several regions on meat and bonemeal. Export challenges remain, creating excess offering levels. Multiple sources also indicated price pressure on poultry by-product pet grade, chicken meal, and feathermeal.
Highs of $1375-1400/st was reported on bloodmeal, Indiana, but could not be confirmed as the bulk of trade at press time.
Bi-Yearly Farm Report
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