Trading into the Indonesia and China markets was sideways with last week’s report. There are reports that logistics are starting to resume into and out of China and with it demand. MBM values into Malaysia and Vietnam were sideways as well, US$470 CIF.
Protein prices out of and in the Australian market are unchanged. Production has slowed drastically with cattle slaughter falling to an estimated 59,133 head in the Eastern States. A number of…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...