Trading was quiet this afternoon with only a few loads of porcine MBM trading at $440 and porcine blood trading at $1210 out of the Midwest market.
Protein prices slid lower last week with renewed kills and lower priced soybean meal values helping to steer the market. Full week kills have more MBM coming out of both the porcine and ruminant facilities. Some buyers may still be working through their holiday cushion and this has helped to ease prices lower….
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.