The ruminant MBM market was quiet this afternoon, but sources did suggested that prices would move lower next week. Most seemed to be well sold today and those who may have moved anything weren’t admitting to lower prices yet. The trading range for the Mo. River and Eastern IA/IL market tightened up to a $300 – 310 range.
Blood meal was off again today with sources suggesting that supply is very heavy in the market. Porcine trading was done $720 – 775…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...