Ruminant meat and bone meal traded at lower levels into the Indonesia market this week. Cheaper North American material is working its way into the Asian markets and driving CIF prices lower. Australian and New Zealand sellers have cut their prices to remain competitive. Prices out of and within the Australian market fell to a range of A$400 – 450 today. Cattle slaughter in Australia is continuing at reduced rates as seasonal rains are helping keep the livestock on pasture. There are reports of abattoirs running 3 day week and a spike in COVID cases in Victoria is likely to add continued, tightness to the production side.
Trading in the US domestic market continues to move…
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
Table 1
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...