SBM Market Pressures MBM Prices Lower

SBM Market Pressures MBM Prices Lower

Meat and bone meal (MBM) prices into Indonesia were down $10 from last week’s high of $650 CIF. Lower soybean meal (SBM) prices and reports of strong inventory levels ahead of the Ramadan downtime have contributed to the downturn in the Indonesian market. The lower Indonesia prices are reflected in the New Zealand export values, prices were off by NZ$30 from last week. Australian MBM export prices were lower as well, down A$15. Australian prices were lower despite continued supply tightness. Eastern state cattle slaughter was reported at 98,769 head for last week by the MLA. Plentiful rain is helping to keep cattle on pastures and out of the abattoirs as restocking continues.

Ruminant MBM…

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01.08.2025

Tallow trades persist amid tight markets; DCO, ethanol production down slightly

Tallow trades persist amid tight markets; DCO, ethanol production down slightly

Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.

Another four railcars of packer-grade bleachable fancy tallow (BFT)...

01.08.2025

US ruminant meat and bonemeal prices fall further in most regions

US ruminant meat and bonemeal prices fall further in most regions

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US weekly ethanol production drops; stocks reach 7-month high

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US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...

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