European animal fats, vegoils prices rise; UCO stable
“It’s the most active January in terms of trading and price increase since before Covid-19 times,” a producer told...
Market sources reported limited trade volume to Fastmarkets on Thursday January 16, keeping most US animal protein trade prices rangebound for the day.
At close, the benchmark March soymeal contract diminished by 2.52% day on day, at $294.40 per short ton. This was mostly due to the soybean meal sales came in at 145,548 tonnes, below the 150,000-300,000 tonne estimates.
Ruminant MBM, soybean meal relativity
Ruminant meat and bonemeal (MBM) monthly average prices relative...