Values were steady to higher in the US animal protein market on Tuesday October 22, with the only adjustments being seen in the poultry sector. Ruminant and porcine products were steady on Tuesday.
Several market participants were attending the North American Rendering Association (NARA) conference in California, limiting trade volumes for the week, industry sources told Fastmarkets.
One market source indicated that there were hold-ups affecting poultry by-product meal in the East and West coast regions, close to port locations, due to delays in both port and rail transport.
Fastmarkets assessed the price of feathermeal, US Carolinas, at $350-400 per short ton on Tuesday, narrowing upward from Monday’s range of $325-400 per short ton.
The corresponding assessment of the price of poultry by-product meal pet food, US Southeast, was $500-625 per short ton on Tuesday, widening upward from Monday’s range of $500-600 per short ton.
…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...