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…
11.19.2024
Glycerin trades for 2025, lack of supply expected to support pricing: sources
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin...
11.19.2024
US animal fats and oils markets steady; Gulf demand remains strong
The US animal fats and oils markets remained largely steady on Tuesday November 19, with limited trading activity and most market discussions centered around...
11.19.2024
Missouri River bloodmeal prices higher; Mid-South pet food-grade poultry by-product narrows
US animal protein prices were steady to higher on Tuesday November 19.
Fastmarkets assessed meat and bonemeal, ruminant, Missouri River at $250-320 per short ton, steady day on...