Underlying pressure on US animal proteins continued to be reported to Fastmarkets on Thursday October 10, though price adjustments were limited to bloodmeal and meat and bonemeal.

A softer tone on ruminant meat and bonemeal was reported in the Missouri River, Texas Panhandle and Dallas/Houston regions, though prices remained within the previously set ranges. A high of $300 per short ton was reported from several market sources to Fastmarkets due to a combination of diminished pet food demand, higher slaughter levels in the fourth quarter and feed reformulations weighing on prices.

Fastmarkets assessed porcine meat and bonemeal, Missouri River at $300-350 per ton on Thursday, steady from the range on Wednesday October 9. Prices under the range were indicated, but could not be confirmed as of press time.

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