Slower demand and cheaper soybean meal prices have pressured the meat and bone meal markets lower into China and Indonesia this week. Trading into the broader southeast Asian market was indicated lower as well, $450 – 460 CIF Malaysia, Vietnam and Taiwan.
Australian and New Zealand MBM prices are lower this week, driven by lower prices into the importing countries and improved production. Cattle slaughter is up in both countries, up 2 percent in Australia relative to the week prior. The MLA reported Eastern State slaughter at 125,720 head. The additional supply has pushed bloodmeal prices lower in both countries as well.
US export prices are mostly steady, but feathermeal values are…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...