Feathermeal prices continue to climb with Mid South prices trading as high as $475 today. Sellers reported light volume as high as $500 FOB Mid South. Trading out of the Carolinas was done in a range, $410 – 420. The Delmarva and AL/GA markets were quiet. Sources continue to report that supplies are very tight around the country and that a myriad of demand sectors are reaching for product. At $475 FOB Mid South, the export market may start to see volume pulled out…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...