Please Note – The Jacobsen will not publish an International Animal Proteins Bulletin next week due to the Thanksgiving holiday. We will resume our regular publication schedule for the International Bulletins on 3 December.
Meat and bone meal (MBM) prices moved higher again this week, following the nearby soybean meal market higher. Tight supplies in some exporting countries and strong demand have pushed values into Indonesia as high as US$600 CIF and $570 into Vietnam, Taiwan, and Malaysia. Trading into China was steady this week.
Australian protein prices are steady this week, with most market reports steady or quiet. Demand for poultry proteins remains strong from both the pet and aquaculture industries. New Zealand MBM prices moved higher on strong demand from Indonesia. Both the Australian and New Zealand markets are headed for a period of very tight production in mid-December, which adds additional risk for higher prices…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...