International Animal Proteins 28.03.2024

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International Animal Proteins 28.03.2024

Meat and bonemeal (MBM) were lower in Australia, New Zealand, China, and Indonesia this week. Market sources attributed this to excess offering levels in Australia from lofty beef slaughter numbers. Australia MBM 50 pro delivered was reported at a low of $650/mt. New Zealand’s 45 pro meat and bonemeal was reported at NZ$620-640 ($384-397) per tonne, while 50 pro was within a range of NZ$700-720 ($434-446) per tonne (mt).

The MLA reported cattle slaughter at 136,503 for last week, u...

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Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75...

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally...

Ethanol production rises, stocks hit 1-year high

Ethanol production rises, stocks hit 1-year high

Most CME grain prices showed a downward trend on Wednesday. The only grain...

Slow bidding activity, strong February clothing sales

Slow bidding activity, strong February clothing sales

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Palm oil prices step lower but still at multi-month highs

Palm oil prices step lower but still at multi-month highs

Physical markets for palm oil and refined palm oil products stepped lower on Wednesday March 27, in...

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04.22.2024

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...

04.22.2024

Cattle slaughter more in line with 2023 as May nears

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US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...

04.22.2024

Central Illinois soybean crush margins hit 5-week high

Central Illinois soybean crush margins hit 5-week high

DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.

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