Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat...
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to 41.5 cents per lb and CWG traded at 40 cents per lb.
Max 20% free fatty acids (FFA) tallow traded into the Gulf at 43 cents per lb on Thursday.
Yellow grease traded sharply higher into the Carolinas market, up to 38-39 cents per lb for very heavy volume.
The USDA released...