Ruminant MBM traded in a range, $225 – 240 FOB Mo. River this afternoon and $210 – 240 Panhandle. The Illinois market traded in a range of $230 – 265 and Dal/Hou was down $8 from the previous trade at $225. Trading into the AL/GA market was lower, $275 – 285 and Eastern market action was seen at $295 – 300. Sources continue to report that heavy supplies of low protein material are pressuring the market lower. Those with export approval, especially Indo approval, are…
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...