Global Protein Prices Chase SBM Higher

Global Protein Prices Chase SBM Higher

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…

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

02.21.2025

US animal fats and oils markets finish week strong; broader uncertainty persists

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

Sausage casings bulletin, February 21, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

02.21.2025

US weekly net soybean meal exports, sales retreat again

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...

Latest Tweets