Animal Proteins – International

Trading into China was higher, reported $400 – 420 CIF. Indonesia was steady with values reported in a range of $360 – 410, but the bulk of action seen at $370 – 390 range.

Drought is pushing more livestock through the abattoirs and in turn, pushing more MBM out of the rendering houses. Protein prices took a turn lower out of the Australian market this week on MBM, AUS$450 – 490. Poultry meal prices moved lower, AUS$1000 – 1020 DCT for export…