It’s been a slow Monday, nothing to report on the feed front.
Ruminant MBM traded $12 lower, on average, than the prior week. Sources reported that the effects of lower bean meal prices had taken hold. Stories of more bean meal find its way into rations was ubiquitous amongst the MBM sellers last week and sources also reported that the demand from blenders had fallen off significantly. Porcine MBM was off by $3 and is facing the same pressures felt in…
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...