Commentary:
A good amount of trading in both the ruminant and porcine MBM market today. Animal protein prices continue under pressure, as the price of feather meal and pork meal seem to be battling for a place in feed formulations. Ruminant MBM In the Midwest traded today in a small range from $365 to $370 FOB. In the Panhandle the range for ruminant MBM was much wider with the low end of the range at $347 and the upper…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...