Animal Proteins

Animal Proteins

Market Activity

Ruminant MBM was reported higher out of the Mo. River and Panhandle markets this afternoon, topping out at $250 and $240 respectively. Trading out of the Illinois market was lower, topping out at $255. Sources continue to report pressure in the market, particularly for mixed species material. Pure beef MBM that’s not Indo approved has been consistent in the $230 – 240 window.

Trading in the porcine market was steady this afternoon out of the Mo. River and…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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