Animal Proteins

Animal Proteins

Market Activity

Ruminant MBM trading was off out of the Mo. River market today, trading at $225 – 265 FOB. Panhandle action was lower as well, $230 – 265. AL/GA and Eastern market action was done $360 – 370 with indications that lower numbers are being worked through. Several sources reported trading as low as $270 into the AL/GA and Eastern market, but confirmation between buyer and seller could not be obtained.  There were reports that buyers have been pushing back hard on…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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