MBM prices into Indonesia and China were lower this week. Trading into China topped out at $470 CIF and the range into Indonesia was $440 – 455. Demand from Indonesia has slowed, both because of the Eid holiday, but an overall lack of need for product as well. Buyers put on good volume before the holiday and are riding those stockpile. A reduction in day-old chicks has dampened the need for feed, thus limiting interest in MBM. The lower demand is…
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...