Ruminant MBM trading into China and Indonesia moved higher this week. Higher soybean meal prices and buyers getting ahead of potential supply disruptions are driving the surge in prices. Trading out of the New Zealand market was steady for MBM, Australian prices were mostly steady. Mixed species material in the Australian market was reported as low as A$625, export sales of pure beef were as high as A$740, but the bulk trading was consistent in the…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...