Ruminant MBM trading was reported $205 – 250 out of the Mo. River market today, $260 topside out of IL. Sources continue to report the same dynamics, strong headwinds into the blend sector, but pet food is paying values at the top end of the range. Those with export licenses are moving material at much higher prices.
Blood meal trading was quiet today, but sources suggested the trading range may be headed lower next week. Cattle kills were estimated at…
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...