Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

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Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly sideways with some weakness in the porcine and ruminant bloodmeal markets, and strength in the poultry bloodmeal market. 

Feathermeal did trade lower today, falling below $500/st on the bottom side of the FOB range. Sources continue to report tight supplies on pet grade poultry by-product meal (PFG PBM), and tight s...

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Rise in Corn Export Inspections, Soybean and Wheat Drop

Rise in Corn Export Inspections, Soybean and Wheat Drop

Recent reports indicate a drop in the price of corn gluten meal and corn gluten feed. Market participants have...

Steer Hide Prices Fluctuate

Steer Hide Prices Fluctuate

Today’s steer hide trading was at lower prices than the last reported trading levels as the material remains under...

Cash Markets Maintain Bearish Tone

Cash Markets Maintain Bearish Tone

Spot trading for vegetable oils remained dull on Tuesday, with the bias still lower pretty much across the board....

Organic Soybean Oil tracking Conventional

Organic Soybean Oil tracking Conventional

Following up on yesterday’s commentary, there has been only loose historical correlation...

Weekly Hemp Recap

Weekly Hemp Recap

Last Week's Hemp Commentary

USDA Hemp Survey Launches

The USDA’s...

Glycerin Prices Seen Holding Steady with Unchanged 2024 RVO for BBD

Glycerin Prices Seen Holding Steady with Unchanged 2024 RVO for BBD

The Jacobsen’s weekly survey of the glycerin market found little change from the week prior. One buyer noted...

Hog Harvest Forecast to Slow into March

Hog Harvest Forecast to Slow into March

Hog slaughter hit a multi-week high last week, up to 2.689 million head. Producers have been running harder over...

Cattle Slaughter Forecast below 2023 through February

Cattle Slaughter Forecast below 2023 through February

Limited trade was reported for the start of the week. The IPPE (International Production and Processing Expo) and AFIA...

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04.24.2024

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.

04.24.2024

Seasonal maintenance slows US DCO production

Seasonal maintenance slows US DCO production

The distillers’ corn oil (DCO) market was quiet in terms of reported volume, but sources said that it was “moving under 40” in reference to the FOB values for...

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USDA’s APHIS issues federal order concerning HPAI in lactating dairy cattle

USDA’s APHIS issues federal order concerning HPAI in lactating dairy cattle

Fastmarkets assessed

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at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for
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