05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Blood meal prices continue struggling to make a rebound and are influenced by larger cattle and hog slaughter which has generated increased blood meal production compared to last year during this time frame. The relative price of both ruminant and porcine blood meal to soybean meal futures is currently at 178%. This is up about 10 percentage points from the September average and reflective of lower soybean meal prices rather than any increase in blood meal…