Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels & Feedstocks Event in Chicago.
Fastmarkets’ price assessment for chicken meal, fob US Mid-South was $850-900 per short ton on Tuesday, down from Monday May 13’s range of $900-1,000 per ton.
Feathermeal values for the day were lower to wider ranging in most regions.
US dog, cat food exports
The US Census Bureau’s dog and cat food exports, released in May, indicated March 2024 dog and cat food exports in dollar value were at $210.33 million, higher by $22.14 million, or 11.76%, from February 2024. Year-to-date value for the first quarter of 2024 was at $590.03 million, lower by 5.33%, or $33.23 million, from the respective time in 2023.
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