Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

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Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

Alexandra Watts | 01.30.2024

Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly sideways with some weakness in the porcine and ruminant bloodmeal markets, and strength in the poultry bloodmeal market. 

Feathermeal did trade lower today, falling below $500/st on the bottom side of the FOB range. Sources continue to report tight supplies on pet grade poultry by-product meal (PFG PBM), and tight s...

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Rise in Corn Export Inspections, Soybean and Wheat Drop

Rise in Corn Export Inspections, Soybean and Wheat Drop

Recent reports indicate a drop in the price of corn gluten meal and corn gluten feed. Market participants have...

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Steer Hide Prices Fluctuate

Steer Hide Prices Fluctuate

Today’s steer hide trading was at lower prices than the last reported trading levels as the material remains under...

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Cash Markets Maintain Bearish Tone

Cash Markets Maintain Bearish Tone

Spot trading for vegetable oils remained dull on Tuesday, with the bias still lower pretty much across the board....

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Organic Soybean Oil tracking Conventional

Organic Soybean Oil tracking Conventional

Following up on yesterday’s commentary, there has been only loose historical correlation...

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Weekly Hemp Recap

Weekly Hemp Recap

Last Week's Hemp Commentary

USDA Hemp Survey Launches

The USDA’s...

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Glycerin Prices Seen Holding Steady with Unchanged 2024 RVO for BBD

Glycerin Prices Seen Holding Steady with Unchanged 2024 RVO for BBD

The Jacobsen’s weekly survey of the glycerin market found little change from the week prior. One buyer noted...

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Hog Harvest Forecast to Slow into March

Hog Harvest Forecast to Slow into March

Hog slaughter hit a multi-week high last week, up to 2.689 million head. Producers have been running harder over...

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Cattle Slaughter Forecast below 2023 through February

Cattle Slaughter Forecast below 2023 through February

Limited trade was reported for the start of the week. The IPPE (International Production and Processing Expo) and AFIA...

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11.11.2024

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...

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11.11.2024

DCO starts the week higher; hog slaughter increases slightly

DCO starts the week higher; hog slaughter increases slightly

Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.

A...

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11.11.2024

US cattle slaughter continues to fall behind 2023 levels

US cattle slaughter continues to fall behind 2023 levels

Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.

Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...

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