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…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...