Trading into Indonesia was reported steady, $540 – 560 CIF for ruminant MBM. Prices remain strong as sellers push to get material into Indonesian ports ahead of the 14 June cutoff date for pre-Ramadan shipments. Indonesian sources have reported that prices from Australia, New Zealand and the US remain strong and ex-US supply is tight due to at least one major seller needing USDA audits to approve their facilities for export. Sources have also…
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...