Animal Proteins

Animal Proteins

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Trading prices this week were essentially unchanged from a week ago. Presently supply and demand are in good balance.  However, feather meal prices are relatively inexpensive compared to soybean meal which might suggest the risk for prices longer-term could be higher as demand from the blended protein sector could increase as well as the export market.

The relative price to soybean meal futures for July slipped 7 percentage points from June to 86% and lower than last July’s 110%.  That is the lowest they have been…

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