Animal Proteins – International

Trading into the Indonesia market was off sharply this week, reported in a range of $340 – 420, but with the bulk of action being in the $340 – 380 range. Values into China were much higher, $450 – 460 CIF. Sources in the ANZ markets have commented that they won’t compete with the low US prices moving forward and have started to target smaller markets where they have logistical advantages.

Protein values out of the Australian market are…