International animal fats and oils, August 15, 2024
Prices for used cooking oil (UCO) in Europe were broadly stable in the week ended Thursday August 15, with...
US animal protein prices were flat on Thursday August 15. Most participants said lower prices for Chicago Board of Trade (CBOT) soybean meal continue to pressure animal feed-related products, though limited volume left prices stagnant for the day.
Ruminant bloodmeal relative to soybean meal
Ruminant bloodmeal (BM) prices relative to the CBOT soybean meal futures were lofty at the start of 2024. The comparative value moved more in-line with traditional levels for the month of May and June, but adjusted h...