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...
US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production. Other animal protein products were rangebound for the day.
Fastmarkets assessed poultry by-product meal pet grade, Southeast at $550-625 per short on Friday, lower from $575-625 per short ton on Thursday.
The October soybean meal futures price on the Chicago Board of Trade (CBOT) averaged around $318.66 per short ton in the week to Friday, up by less than half a percent from the previous week’s average of $317.46 per short ton.
Cattle placed on feed higher in September
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