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Blog

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Alexandra Watts | 05.16.2024

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains with solubles and the price volatility in soybean meal have led to flat values for the near term on most products, specifically meat and bonemeal.

Fastmarkets' price assessment for bloodmeal, porcine, fob Iowa/Missouri/Nebraska was $975-1,100 per short ton, down from Wednesday May 15’s range of $1,000-1,100 per ton.

M...

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International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for...

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US soybean export sales plunge 38% to 265,700 tonnes

Chicago Mercantile Exchange (CME) grain prices mostly fell on Thursday May 16. The July CME soybean futures contract showed...

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Chinese tanners achieve lower hide prices on May 16

Several steer and cow hides traded lower on Thursday May 16 than on the day prior, driven by a...

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Chinese tanners reportedly holding onto large hide volumes

Chinese tanners continued to push for further hide price decreases due to high inventories of raw hides, wet blue...

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Soybean oil futures rebound on technical buying

Soybean oil futures closed higher on Thursday May 16 amid technical buying.

On Thursday, July soybean oil futures...

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International animal proteins steady to lower week on week

International animal proteins were mixed to lower for the week to Thursday May 16. Several products are in flux,...

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Perdue researchers work on hemp-based superabsorbents

Perdue University is working to develop superabsorbent materials from hemp hurd. Superabsorbant materials are used in applications like...

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Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March...

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Blog

Grain consuming animal units forecast lower for 2023/24, 2024/’25

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