MBM prices, both porcine and ruminant, moved lower on an FOB basis today. Porcine trading was sharply lower while ruminant trading moved down $5 from the previous high out of the Mo. River and Panhandle markets. Sellers had been hoping to hold prices steady through the holiday, but the current strong production as well as the strong production coming after the break has pushed sellers to get ahead of the drop. Fundamentally, the market shouldn’t be breaking lower…
11.14.2024
Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB
Renewable identification number (RIN) credit prices fell sharply on Wednesday November 13 due to speculation that the Environmental Protection Agency (EPA) sent a volume adjustment notice to the US...
11.14.2024
DCO prices move lower as production levels hit record highs
Distiller’s corn oil (DCO) traded lower on Thursday November 14, in Manly, Iowa, and out of the FOB Wisconsin/Illinois regions amid declining prices in soybean oil futures.
Offers for DCO...
11.14.2024
Prices for US animal proteins steady; September dog and cat food exports down
Most prices for US animal proteins were steady on Thursday November 14, with light volume reported to Fastmarkets from market sources. Feathermeal price ranges narrowed higher in several regions...