Animal protein prices were steady on Thursday May 16.
Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains with solubles and the price volatility in soybean meal have led to flat values for the near term on most products, specifically meat and bonemeal.
Fastmarkets’ price assessment for bloodmeal, porcine, fob Iowa/Missouri/Nebraska was $975-1,100 per short ton, down from Wednesday May 15’s range of $1,000-1,100 per ton.
May USDA Feed Outlook
Grain Consuming Animal Units (GCAUs) are estimated to be at 100.47 million head for marketing year 2023/24, down by 0.17%, or 175,026 head, from April’s estimate but higher by 2.38%, or 2.34 million head, from the May 2023 estimate, according to the most recent May USDA Feed Outlook.
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US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
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US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...