Animal Proteins

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Animal Proteins

**Please note - Chloe Krimmel is out of the office until Monday, March 11. In her absence please contact Ryan Standard.**
Trading was quiet today with no changes reported. 
Through the first two months of the year, ruminant meat and bonemeal (MBM) has been more stable than previous months. The Missouri River market has remained unchanged at $237.50/st. Though there have been indications of changes in the market, the bulk of volume continues to remain within the set range.
Despit...

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‘Hangover mood’ from low HVO demand pushes European animal fats prices down

‘Hangover mood’ from low HVO demand pushes European animal fats prices down

Used cooking oil (UCO) traded in a range of $940-945/mt CIF Amsterdam, Rotterdam, Antwerp, Ghent (ARAG) for delivery in...

Soybean Export Sales Surge, Exceeding Expectations

Soybean Export Sales Surge, Exceeding Expectations

Most CME grain prices were higher on Thursday. The only grain market with a loss was May wheat, which...

USDA Hide and Wet Blue Sales Remain Strong

USDA Hide and Wet Blue Sales Remain Strong

Notice

Lexi Watts out of Office March 8

Lexi Watts will be out of the office Friday, March 8. She will...

Argentinean Tanners Reduce Hide Purchases Due to Rising Peso

Argentinean Tanners Reduce Hide Purchases Due to Rising Peso

Argentina

March 7

Slaughter continues steady with last week.
Beef consumption in Argentina has declined.
Good...

U.S. Soybean Oil Sales Reached Marketing-Year High Last Week

U.S. Soybean Oil Sales Reached Marketing-Year High Last Week

Physical markets were sluggish on Thursday, as market fundamentals remain overwhelmingly bearish. Supply is abundant, and feedstock demand has...

International Animal Proteins 7.3.2024

International Animal Proteins 7.3.2024

Bovine meat and bone meal (MBM) prices were lower into China and Indonesia this week. Competition amongst sellers and...

Organic Cracked Corn Imports Weigh on Organic Corn Prices

Organic Cracked Corn Imports Weigh on Organic Corn Prices

Organic corn prices are slightly lower as growers move closer to hitting...

Florida Lawmakers Send Sweeping Hemp Legislation to DeSantis’ Desk

Florida Lawmakers Send Sweeping Hemp Legislation to DeSantis’ Desk

Following speculation that pressing budgetary issues would preclude the passing of Florida’s...

Blog

04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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