WASDE Pushes SBM Values Higher, Heightening Animal Protein Unease

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WASDE Pushes SBM Values Higher, Heightening Animal Protein Unease

Alexandra Watts | 10.12.2023

Most values on animal proteins were flat for the day with trading reported within the previously set ranges. The only marginal adjustment was on porcine meat and bonemeal, Mo. River with a trade at $415/st reported late on Wednesday. The high end of the ranges on porcine meat and bonemeal has been communicated as 'hard to move' for some, while others were able to trade fairly easily at the higher ranges.

There were increases on soybean meal Wednesday and Thursday due to new...

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International Animal Fats 12.10.23

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Corn and Soybean Estimates Drop in October WASDE

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Butt Branded Steers Traded at $33.50 Per Piece Today

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Steer hide trading was done at higher price levels than yesterday, but in line with prices two weeks prior....

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Weak Trading Volumes in European Hide Market

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October 12

Argentine slaughter totaled 1.16 million head in September, 6% below the month prior...

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SBO Futures Recover after WASDE Report

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U.S. soybean oil futures rebounded on Thursday after moving lower early in the session on profit-taking before the USDA released...

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International Animal Proteins 12.10.2023

International Animal Proteins 12.10.2023

The international protein market was steady to softer this week with only modest range adjustments. Prices were slightly lower...

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Farm Bill Expiration Threatens Organic Funding

Farm Bill Expiration Threatens Organic Funding

With the 2018 Farm Bill expiring on September 30, there is concern...

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The hemp industry is still wading through a collective backlog of litigation...

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