Organic Turkey Slaughter Holding Steady

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Organic Turkey Slaughter Holding Steady

Alexandra Watts | 09.28.2023

The U.S. Federal Reserve stopped short of another rate hike last week, taking a wait-and-see approach to monetary policy. Though fluid, economic indicators point to a soft landing, as the economy continues to outperform expectations despite historic inflation.  This is good news for organic animal protein markets, and associated feed markets.

The U.S. Federal Reserve originally projected rate cuts to o...

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SAFER Banking Clears Senate Committee

SAFER Banking Clears Senate Committee

Last week we reported on the revised cannabis banking bill, the SAFER...

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Steepest Drop in 50 Weeks for LCFS Spot Price

Steepest Drop in 50 Weeks for LCFS Spot Price

Weekly LCFS credit volume began its cyclical trend higher last week, while the average price paid per credit moved...

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Chicago Packer BFT Falls, YG, CWG Continue to Tumble

Chicago Packer BFT Falls, YG, CWG Continue to Tumble

Three cars of packer BFT traded down to 67 cts/lb Chicago today and choice white grease traded down to...

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Flat Call on Limited Trade for Animal Proteins

Flat Call on Limited Trade for Animal Proteins

Most participants reported the market as quiet. Those that did report trade values were stagnant for the day. 

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DDGS Weekly Production Rebounds From 4-Month Low

DDGS Weekly Production Rebounds From 4-Month Low

CME grain prices were mixed today. December wheat decreased $0.095, closing at $5.79/bu, and October soymeal dropped by $3.90...

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Hides Intended For Footwear At Risk of Price Decline

Hides Intended For Footwear At Risk of Price Decline

Mid-week hide bidding was active for the day, however, buyers’ price ideas were several dollars below last traded levels...

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Nearby, Q4 RBD Soybean Oil Supply Still Tight in Illinois

Nearby, Q4 RBD Soybean Oil Supply Still Tight in Illinois

Crude-degummed (CD) soybean oil basis indications in central Illinois were pegged at 4.25 cents to 4.75 cents on Wednesday....

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Organic Corn Prices Slide Lower as Midwestern Bins Fill

Organic Corn Prices Slide Lower as Midwestern Bins Fill

Organic corn prices continue to experience limited activity ahead of...

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09.20.2024

BOHO spread reaches two-month high

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...

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09.20.2024

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

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,...

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09.20.2024

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

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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