Ruminant MBM trading was steady on the low side of the Panhandle market with $265 reported. Trading out of the Mo. River was reported as low as $265, but the bulk of action was $295 and up. Sellers have reported some headwinds due to the lower bean meal prices, but material remains tight with export demand pulling a lot of product out of the country.
Porcine MBM prices were off $12.50 out of the Mo. River market today and $10 lower out of the Carolinas….
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...