Ruminant MBM action was reported sideways out of the Mo. River, Panhandle and IL markets. Ruminant MBM continues to run well below historical ratios to soybean meal. Today’s ratio of 62.5% is 19.5 points lower than the 2014 – 2016 November average of 82%.
Figure 1.
Porcine MBM was reported in a wide…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...