Corn gluten meal prices edged slightly higher this week as demand from export markets has shown more interest recently. Iowa and Illinois relative prices to soybean meal futures climbed this week on the combination of corn gluten meal’s modest price increase, and the weakness with soybean meal futures. Since corn gluten meal’s relative price is already well below its 5-year average level, there is…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...