Animal Proteins

Animal Proteins

Market Activity

Ruminant MBM traded steady out of the Mo. River and a touch lower out of the Panhandle market this afternoon. Activity was reported higher out of the Dal/Hou market, $320 and trading out of the Illinois market was reported as low as $305. Porcine action was reported lower, $305 – 330. Sources in both the porcine and ruminant marketplace were reporting pockets of weakness due to a few sellers being heavy with product. What ran the pork market up, exports, may be its…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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