HPAI continues to weigh on MBM markets; signs of recovery emerge
Both ruminant and porcine meat and bone meal (MBM) were reported in a wide range on Wednesday February 19,...
Five railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 53.5 cents per lb on a Chicago basis on Wednesday February 19.
The increase was widely expected by sources, given recent strength across the tallow markets. Over the past week, premium grades — including technical and edible tallow — along with Chicago renderer BFT and Gulf tallow, have all traded higher, reinforcing the upward momentum.
Sources attribute the recent price increases to steady buying interest for March and growing demand for...