Ruminant MBM trading was up out of Mo. River market this afternoon, $300 – 325. IL action was higher as well, $325 FOB. Porcine trading slid, topping out at $345 out of the Mo. River and Eastern IA/IL with action reported at $325 FOB Mo. River.
The USDA released monthly slaughter figures for July yesterday. Live cattle weights continue to run behind 2015 and 2016, but weights are up from May’s low of 1307. July slaughter was reported at 2,611,900 head,…
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...