Ruminant MBM Trades Higher into Southeast and East

Ruminant MBM Trades Higher into Southeast and East

Meat and bone meal prices into the Eastern market were higher, boosted by strong demand and higher FOB prices in the Midwest. Soybean meal finished today down just under $4 for the December contract, but at $368, the ruminant MBM market should continue to see price support. Trading into Indonesia was done as high as $520 CIF out of New Zealand this week. Indonesia’s average price is $408/ST CIF, a $178/ST premium to the Missouri River market. The wide spread should attract additional demand out of the Indonesian market and while approved plants aren’t ubiquitous, the increased export volume should help to keep the interior supply tight and domestic prices well supported.

Figure 1.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.14.2025

Sausage casings bulletin, March 14, 2025

Sausage casings bulletin, March 14, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is r...

03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

Latest Tweets