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Blog

US poultry products mixed on Tuesday; FM prices relative to SBM remain under 2023

Alexandra Watts | 10.22.2024

Values were steady to higher in the US animal protein market on Tuesday October 22, with the only adjustments being seen in the poultry sector. Ruminant and porcine products were steady on Tuesday.

Several market participants were attending the North American Rendering Association (NARA) conference in California, limiting trade volumes for the week, industry sources told Fastmarkets.

One market source indicated that there were hold-ups affecting poultry by-product meal in the East and West coast regions, close to port locations, due to...

US corn, soybean harvest progress above last year, five-year average

The USDA published the 30th crop progress report for the 2024 growing season on Monday October 21, covering data...

Upholstery tanners show interest in US dairy steer hides but face tightening supply

Several sellers in the US indicated firm hide bidding activity on Tuesday October 22, following an active weekend of...

Gulf crude-degummed soybean oil basis bumps up on increased export demand

Trading in the US cash edible oil market remained quiet on Tuesday October 22.

Fastmarkets assessed the price...

Weak organic soybean oil pricing weighs on demand for US organic soybeans

Organic soybean meal prices have remained stable. Fastmarkets assessed organic soybean meal in South Central Pennsylvania at $840 per...

US Supreme Court agrees to hear issue on Small Refinery Exemptions venue

Biofuel groups Growth Energy and the Renewable Fuels Association (RFA) both praised on Monday October 21 the US Supreme...

US fats markets quiet; cattle slaughter set to decline by end of November

The US fats market was quiet on Monday October 21, with no changes to start the new week.

Animal protein prices flat on limited trading

Trading was mostly quiet in the US animal protein market on Monday October 21 with minimal changes reported. Several...

Central Illinois soybean prices hit 4-year low: USDA

In the week to Friday October 18, the soybean crush margin in Central Illinois increased by 6.6% week on...

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Blog

11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

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Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

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Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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