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,...
The protein market was quiet this afternoon with mostly steady trading reported. Porcine MBM trading was up out of the IN market, topping out at $290. Porcine blood meal values were also reported higher, $625 – 700 Midwest and $620 – 725 FOB IN.
Porcine MBM values pushed higher today with strong demand seen from the local and export markets. The spread between ruminant and porcine MBM currently sits at $60. Between Dec and Jan and of 16/17 the spread between…