Animal Proteins – International

MBM prices moved lower into Indonesia, $425 – 430 CIF as heavy volumes from the US continue to weigh on prices. The market into China was flat, but there were suggestions that prices could be lower basis cheaper values into the neighboring markets.

Australian protein values, with the exception of poultry by meal, were higher. Tighter holiday supplies helped to give the market a boost. Sellers are anticipated a reopening into Indonesia in the…