Bovine meat and bone meal prices were lower into Indonesia this week. Pre-Ramadan orders seem to have been filled and price ideas are lower for the next position. Trading into China was done at higher prices, US$550 – 590 CIF. Trading as high as $600/MT CIF into the neighboring markets has contributed to the higher prices into China.
Tight supplies in the Australian market have contributed to higher meat and bone meal prices for export and domestic sales. The MLA reported the Eastern states total at 101,155, which is flat with the week prior and down 13 percent from last year. Blood meal prices are higher as well, trading as high as $1400/MT.
Pet grade poultry by product meal is steady into Southeast Asia this week out of the US and feathermeal price are lower, trading in a range of $680 – 700 CIF. Sellers have been forced to drop prices into the importing countries in an effort to keep material moving.
Domestic prices in the US are steady to higher, but…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...