Trading was limited to the Mo. River ruminant MBM market this afternoon in a range, $245 – 285. Sources have commented that the topside should be fading with early month specialty demand dropping off. Feed demand, i.e. poultry and blenders, have reported pricing in the $245 – 265 range.
Bean meal values were off again today, but of little consequence to the protein market. Ruminant MBM still remains well below parity on a protein basis.
Please…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...