US animal protein prices steady to lower amid quiet market

US animal protein prices steady to lower amid quiet market

Prices for US animal proteins were flat to lower on Wednesday July 17. Market sources indicated a quiet day with price pressure coming from soybean meal markets.

Porcine meat and bonemeal in the Iowa, Missouri, Nebraska region rose on active demand, even with lower soybean meal prices, market sources said. 

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,000-1,100 per short ton, up from $955-1,100 per short ton on Tuesday July 16. Trades were reported below the current range, though in limited volumes.

Feathermeal decreased in Minnesota and California based on a report from sources on Monday, with no reports on Tuesday. Market sources said limited demand and lower soybean meal prices pressured feathermeal products.

Fastmarkets assessed feathermeal, fob Minnesota at $425-500 per short ton on Monday, down from $450-525 per short ton Tuesday.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

09.13.2024

Haffner Energy to spin off SAF division as independent company

Haffner Energy to spin off SAF division as independent company

French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.

09.13.2024

Animal fats and oils markets end week stable to lower as SBO, HO continues decline

Animal fats and oils markets end week stable to lower as SBO, HO continues decline

Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...

09.13.2024

Lackluster trade volume keeps most animal proteins flat

Lackluster trade volume keeps most animal proteins flat

A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...

Latest Tweets