05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity
Ruminant MBM trading was up out of the River and Panhandle markets today, $245 – 250 and $200 – 250, respectively. Delivered values into the SE were up, $290 – 300 and $300 – 305 into the Eastern market. Sources continue to cite tight pork and ruminant supplies and strong demand for the upswing. Despite gaining $75 over the last four weeks, Mo. River ruminant MBM still remains less than 100% of the price of nearby SBM.
Bloodmeal trading was done at lower…