US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production. Other animal protein products were rangebound for the day.
Fastmarkets assessed poultry by-product meal pet grade, Southeast at $550-625 per short on Friday, lower from $575-625 per short ton on Thursday.
The October soybean meal futures price on the Chicago Board of Trade (CBOT) averaged around $318.66 per short ton in the week to Friday, up by less than half a percent from the previous week’s average of $317.46 per short ton.
Cattle placed on feed higher in September
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