US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week...
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Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened cattle slaughter, fluctuations on export interest, an increase in avian flu cases, impending tariffs and winter weather — have led to a “have/have-not” market for MBM. This has created wide ranges for MBM as sellers with the ability to locate multiple outlets for MBM products have communicated tight inventory while others have reported excess stocks.
