Ruminant MBM traded lower, $235 – 270 out of the Mo. River market with heavy volume seen at the $250 mark. Panhandle action was lower as well, $220 – 250 FOB. Trading was lower out of both Illinois markets. Sources have reported that export eligible material remains strong, but non-exportable material is running into some headwinds from cheaper pork meal and lower numbers from blenders.
Feathermeal trading was higher, $390 – 410 out of the Mid South…
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...