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Blog

Wide Bid-Offer Levels Emerge in Animal Protein Markets

Alexandra Watts | 02.27.2024

A push-pull undertone was witnessed on animal proteins for Tuesday, due to the persistent downward trend on soybean meal paired with lower slaughter numbers.

Bids and offers were heard in a wide range in the pet food grade poultry by-product meal market today. Sources have suggested that some buyers may have material contracted at levels currently below spot prices and as a result, nearby demand is lackluster. Lower poultry slaugh...

Corn, Soybean and Wheat Futures Overview

CME grain prices were mixed on Tuesday. March wheat increased by $0.0875, closing at $5.86/bu while March soybeans dropped...

Automotive Tanners in China Increase Buys

Sellers reported moderate activity to start the week with most bids a few dollars lower than current market levels....

Rising Soybean Oil Price not Enough to Lift CME Crush Margin

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...

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Irish Organic Sector Growing Consistently

Ireland’s organic animal proteins segment is growing consistently, based...

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Texas A&M Tackles Hemp Breeding

Hemp has provided a career boost for some university researchers because if...

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Braya Begins Renewable Diesel Production in Newfoundland

Braya Renewable Fuels announced their facility in the city of Come By Chance, Newfoundland commenced commercial operations. Initial...

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Hog Slaughter Forecast Lower Heading into April

There were no confirmed trades in the market and bids and offers were quiet to start the week.
The...

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Cattle Slaughter Forecast Under 2023 into March

The markets were rangebound Monday on limited trade reports.

For the week ending March 2, 2024, cattle slaughter...

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Blog

Wide Bid-Offer Levels Emerge in Animal Protein Markets

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