New Zealand and Australian MBM Prices Higher

New Zealand and Australian MBM Prices Higher

Meat and bone meal trading into China was down US$10 CIF from last week’s report. Trading into Indonesia was higher, topping out at US$560 CIF. Strong demand and the higher priced soybean meal market have contributed to the move higher. Trading into Malaysia, Taiwan and Vietnam was higher as well, US$550 – 560 CIF.

Australian MBM prices moved higher on tight production and continued, strong demand for exports. The MLA estimated cattle slaughter at just over 99,000 head last week. Production is expected to continue to decline heading into the holiday break. Pet grade poultry by product meal remains in good demand from Asia and export values are up, reported at A$1170 – 1200 DCT. Feather meal remains in very good demand as well with prices moving higher.

There were big jumps in the US feather meal market this week too, with…

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

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

11.20.2020

Tallow Prices Steady Heading Into Holiday Break

11.04.2020

DCO Prices Steady, Production Increases

10.23.2020

BFT Continues to Defy Past Seasonal Trends

Blog

12.01.2020

Fats, Oils, & Fuels Webinar 12/1/20: Customer Q&A

Fats, Oils, & Fuels Webinar 12/1/20: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, December...

11.27.2020

Grain & Feed

Grain & Feed

PROGRAMMING NOTE: The Grain and Feed Bulletin will not publish on Thursday, Nov. 26. We'll print a price update on Friday, Nov. 27 and be back to our normal schedule...

11.27.2020

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Cut in Indian Palm Oil Tax Sparks Rally in Veg Oil Futures

Soybean oil prices rallied during the shortened trading session on Friday as overnight strength...

Latest Tweets

We've setup a tracker to keep tabs on the conversion to renewable fuels. https://thejacobsen.com/renewable-fuels/?refcode=twitter #renewables #biodiesel #feedstocks #lowcarbon ... #fuels #alternativeenergy #diesel

We're IOSCO compliant!
https://thejacobsen.com/about/media/iosco-compliance/ #pricereporting #dco #yellowgrease #usedcookingoil #commodity

Load More...

Keep Track of the Conversion to Renewable Fuels on our special section: Renewable Fuels Watch