Animal Proteins – International

MBM values into Indonesia were lower this week, $440 – 445 CIF. The market dynamics remain the same as last, slow return from the holiday, big stockpiles and fewer day old chicks. Trading into China was lower as well, $450 – 460.

Values out of Australia were unchanged this week. Trading out of the NZ market moved NZ$10 lower on lower prices out of the major importing countries. Weaker bean meal prices have dampened bids as well.

US…