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USDA Market News reported Monday's FOB Central U.S. tallow, grease, lard and protein meal prices for August 1, 2022. Meat and bone meal 50% protein was quoted around $415-425 per ton for ruminant product and $460-470 for pork product, with blood meal at $1,550-2,200 per ton.
Animal-fat and protein meal prices feed directly into rendered-protein inclusion costs in feed rations, so these quotes help buyers gauge the cost of meat and bone meal and tallow relative to soybean meal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.