December soybean meal prices at the Chicago Mercantile Exchange are up $90/ST since August 28th. The increase of 30 percent over the last seven and a half weeks has primarily contributed to the higher prices of animal proteins worldwide.
Bovine meat and bone meal is up $20 CIF Indonesia and trading into China was steady at an average of $530. The neighboring markets continue to trade at $530 – 550 CIF.
The Australian market remains well supported by strong export demand. Values were up A$20 from last week on MBM for export and there is anticipation for higher prices to show up during the tender period next week. Feather meal trading was higher as well, again supported…
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...