The protein market was fairly quiet to start the week. Offers for ruminant MBM are out higher with pure beef material suggested as high as $300 FOB River. Sellers are seeing the strength in the bean meal market and consistent demand and are trying to steer the market towards a more historical norm with bean meal.
Pet grade poultry meal was reported higher out of the Midwestern market, $625 – 675. There seems to be some heaviness in the SE that is pressuring…
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...