Limited trade was indicated on the animal proteins market for Thursday as most expect market variations following the USDA WASDE release. There were minimal revisions month-on-month for soybean meal estimates in the U.S. in the WASDE report for February. However, year-over-year values were higher for most sections including ending stocks, up 14.3 percent, and exports, higher by 11.7 percent. The price of soybean meal was forecasted lower than the previous year for the respective month, down 15.6 percent, or $70.00/st.
WASDE Animal Production
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01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...