US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the largest mover for the week, with market sources indicating active demand.
Fastmarkets’ assessment of bloodmeal, porcine, fob Iowa/Missouri/Nebraska averaged $1,080 per short ton in the week to Friday, higher by 4.85% from an average of $1,030 per ton the week before. This was up by 12.50%, or $120 per ton, from the week to June 28, when prices were $960 per ton.
Fastmarkets’ assessment of meat and bonemeal, porcine, fob Mo. River averaged $348.50 per ton in the week to Friday, lower by 4.18% from an average of $363.50 per ton the week before. Sources indicated that buyers have been pushing back on the higher end of the range, mostly due to the high price of porcine meat and bonemeal (MBM) relative to soybean meal
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