Soymeal price drop, economic concerns create unease in US animal proteins market

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Soymeal price drop, economic concerns create unease in US animal proteins market

Sources in the US animal proteins market reported unease amid a drop in soybean meal prices and global economic uncertainty; Fastmarkets also heard on Tuesday August 6 that several products were under price pressure due to the hurricane in the US Southeast.

Fastmarkets assessed bloodmeal, porcine, fob Missouri River at $1,050-1,150 per short ton on Tuesday, unchanged from Monday August 5.

Traded prices for porcine bloodmeal were reported as low as $1,000 per short ton and as high as $...

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US corn conditions slip week on week; dented stage under way

US corn conditions slip week on week; dented stage under way

Most grain prices on the Chicago Mercantile Exchange fell on Tuesday August 6. The November soybean futures contract decreased...

High costs, low leather prices weigh on tanners’ profitability

High costs, low leather prices weigh on tanners’ profitability

High costs and low leather prices continued to weigh on tanners’ profitability on Monday August 5. On Tuesday August...

Jan-May US renewable diesel imports up by 29% year on year

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Organic soybean trade flows remain fluid

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Tightening supply buoys US glycerin prices

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Producers, buyers and traders of glycerin in the US appeared to agree that prices are moving higher this week....

Tight supply keeps US tallow markets stable; yellow grease prices decline slightly

Tight supply keeps US tallow markets stable; yellow grease prices decline slightly

US prices for animal fats and oils were mostly unchanged on Monday August 5, with muted market activity while...

August cattle slaughter forecast more in line with 2023 levels

August cattle slaughter forecast more in line with 2023 levels

The US animal protein market was quiet on Monday August 5, with no price adjustments.

US cattle slaughter

Central Illinois soybean prices tumble to 3-year low

Central Illinois soybean prices tumble to 3-year low

Chicago Mercantile Exchange grain prices rose across the board on Monday August 5.

The November soybean futures contract...

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