The USDA weekly animal by-product report covers October 5 to 9, 2026. Choice white grease in Minnesota averaged 58.25 cents per pound, well above the year-ago 53.75, and blood meal ruminant prices were roughly 40-60% above year-ago levels.
Higher animal by-product prices such as blood meal and fats raise the cost of protein and energy ingredients in feed, supporting prices for competing protein meals.
Not enough comparable past events yet for a historical read.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.