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
The big news today is the reopening of the Chinese market to US poultry protein sellers. There hasn’t been any immediate result seen in the market, but pet food grade PBM sellers are optimistic that this should help clean up extra material in the market.
Feather meal prices were up this afternoon as strong demand continues to push prices higher. Offers were out at +$600 levels in the East with trading reported at $530 – 570 Carolinas and $530 – 550 Delmarva….