Expana to Implement Methodology Changes to the US By-Products Report: Removal of Selected Assessments

September 11, 2026

Following a period of market feedback, Expana will implement methodology changes to its US By-Products Expana Benchmark Prices (EBPs), including the discontinuation of 21 selected assessments as part of its ongoing review to ensure its price reporting activities accurately reflect current market activity, pricing methods, and market prices. Expana will implement these changes to the daily assessments on December 15, 2026.

The initial proposal was announced in a market note published on August 24, 2026, which can be viewed here: https://www.expanamarkets.com/our-methodology/market-announcements/expana-proposes-methodology-changes-to-the-us-by-products-report-removal-of-selected-assessments/

The specifications for the methodology changes will be as below:

Items 

Change Type 

Prime Tallow

No. 1

No. 2

Ring Dried Blood (4 States)

50% Meat & Bone Meal (4 States)

Pork Blood Meal (4 States)

50% Pork Meat & Bone Meal (4 States)

Feather Meal FOB South

DRT Low Test (4 State)

DRT Medium Test (4 State)

DRT High Test (4 State)

DRT Low Test (River)

DRT Medium Test (River)

DRT High Test (River)

Heavy Native Steer (Packer Hide)

Colorado Steer (Packer Hide)

Butt Branded Steer (Packer Hide)

Branded Heifer (Packer Hide)

Light Native Cow (Packer Hide)

Branded Cow (Packer Hide)

Native Bull (Packer Hide)

Elimination of quotations.

2104
2105
2106
2117
2118
4778
4779
2115
2111
2112
2114
2110
241
2113 1381 1382 1383 1385 1386 1388 1389

If you have any feedback or suggestions on this market note, please send them to [email protected] and clearly state which market note your comments relate to, and if your comments are intended for publication by Expana.