Improved supply and a high price to soy cut demand for porcine MBM

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Improved supply and a high price to soy cut demand for porcine MBM

Porcine meat and bone meal (MBM) traded lower out of the IA/MO/NE market today, down to a low of $400 per ton FOB. The sales were for nearby material and sellers have said that anything beyond a two-week window has been a hard sale. 

The high price relative to ruminant MBM and soybean meal, as well as weak demand from the export market, have all...

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Ethanol production and stocks drop week-on-week

Ethanol production and stocks drop week-on-week

Wheat midd prices in the Minneapolis and Kansas City markets were higher on...

Hide buying for furniture tanning slows along with FRED sales data

Hide buying for furniture tanning slows along with FRED sales data

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Physical vegetable oil market activity slows to crawl

Physical vegetable oil market activity slows to crawl

Physical trading slowed to a crawl on Wednesday April 10. Bids and offers on soybean oil widened and dropped...

Latest CPI reveals a persistently hot economy

Latest CPI reveals a persistently hot economy

The U.S. Bureau of Labor Statistics released the latest Consumer Price Index...

April STEO and 2024 RVO outlook

April STEO and 2024 RVO outlook

April STEO forecast and 2024 RVOs

The RFS renewable volume obligations (RVOs) issued by the EPA provide percentage standards applied...

Slowing demand continues to weigh on Gulf market

Slowing demand continues to weigh on Gulf market

A car of lard traded late yesterday, up a penny to 41 cts/lb Chicago and even with the last...

Ruminant MBM higher out of Missouri River market

Ruminant MBM higher out of Missouri River market

Trading was mostly quiet in the protein market today, but there was some action in the ruminant meat and...

USDA’s crop progress report shows measurable progress

USDA’s crop progress report shows measurable progress

There was a drop in prices of corn gluten meal (CGM) and corn gluten feed (CGF) across...

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03.14.2025

Sausage casings bulletin, March 14, 2025

Sausage casings bulletin, March 14, 2025

Runner market commentary
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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

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