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Blog

MBM Prices Continue to Fall on Reduced Export Demand

Alexandra Watts | 12.08.2023

Considerable pressure on meat and bonemeal remained for this week, with ruminant and porcine markets FOB Mo. River weekly averages dropping 9.0 percent and 7.0 percent, respectively. Excess offerings were attributed to diminished export trade and reduced pet food interest. After the recent drops, ruminant MBM is trading at an appealing value relative to soybean meal, with the Mo. River FOB market at an average of 67 percent to the January CME soybean meal contract. This has moved below the five-year average for the...

Sausage Casings Bulletin Dec 8th, 2023

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December WASDE Weighs on Midday Markets

Wasde: US soybean ending stocks above estimate, Brazil crop cut

by Marcela Caetano - Agricensus

The U.S....

Quiet Close to the Week for Cattle Hide Market

Please note - Alexandra Watts is out of the office until Monday, Dec 11th. In her absence, please contact...

Uneventful WASDE Report Sinks Vegetable Oil Futures

In its December World Agricultural Supply and Demand Estimates (WASDE) released at noon on Friday, the USDA made no...

Mexico’s Ban on GMO Corn Looms

Non-GMO corn markets are niche markets that rely on the national policy...

Affordable Housing Initiative to Feature Hemp Construction

As communities grapple with a worsening housing crisis, one Northern California town...

2023 RIN Production Mixed

With 10 months of Renewable Fuel Standard (RFS) production accounted for in 2023, RIN generation for the various “D”...

US Fat Exports Continue to Lag 2022 Levels

Trading was mostly quiet today but the reports that did come through were mostly at steady prices. The exception...

Blog

09.20.2024

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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MBM Prices Continue to Fall on Reduced Export Demand

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