The market was fairly quiet to start the week. Panhandle ruminant MBM traded as low as $232 this afternoon. Sources continued to report pressure on ruminant and porcine products, but poultry numbers early on have been firm.
Ruminant and porcine MBM both fell $7 last week compared to the prior week’s average. The erosion of the topside of the prior trading range was the main cause of the lower average. Sources active in the…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...