Animal Proteins – International

Ruminant MBM prices into both Indonesia and China were off significantly this week. Trading into both markets was reported $520 – 530 CIF. Sources have reported that cheaper SBM values and reduced interest from Indo have forced sellers to lower their prices in order to keep product moving.

Australian trading was mostly unchanged this week, but sources did report action in the domestic market at AUS$680 – 720. The topside of the NZ 50 pro MBM…