Protein prices are flat with last week. Much of the APAC market is quiet with the Lunar New Year holiday break starting this week. Prices into China were suggested higher, but the last traded level topped out at US$500 CIF. Values into Malaysia, Taiwan and Vietnam have been indicated as high as $640 CIF.
Australian meat and bone meal trading was higher both for domestic and export, trading was done as high as A$760. Continued tight production and a strong soybean meal market are contributing to the higher prices. Cattle slaughter picked up last week with the MLA reporting Eastern State numbers just under 97,000 head. Total slaughter remains well behind the prior three year average and it’s reasonable to expect this trend to continue with favorable pasturing conditions and the need for herd rebuilding. Prices out of New Zealand are higher, also bolstered by tight supply.
Feathermeal export prices out of the US market into Asia are higher on continued tight…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...