Australian animal protein prices rise on strong domestic demand

Australian animal protein prices rise on strong domestic demand

Prices in the international animal proteins market were mixed in the week to Thursday October 31.

Limited trade was reported in New Zealand during the week.

Fastmarkets assessed the price of bloodmeal, 80 pro, Australia at A$1,145-1,175 ($767-787) per tonne on Thursday, up from A$1,090-1,110 per tonne on October 24.

Fastmarkets assessed meat and bonemeal, 50 pro, delivered Australia at A$575-600 per tonne on Thursday, narrowing from A$560-660 per tonne on October 24. Meat and bonemeal prices were reportedly higher due to consistent production and good local demand, one source told Fastmarkets.

Fastmarkets assessed the price of poultry by-product, petfood grade, 65 Pro, export, delivered Australia at A$1,125-1,175 per tonne on Thursday, narrowing upward from A$1,100-1,175 per tonne on October 24.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.24.2024

Animal fats, oils markets quiet amid Christmas holiday

Animal fats, oils markets quiet amid Christmas holiday

The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.

Market sources expected activity to remain subdued...

12.24.2024

US November broiler, turkey slaughter down year on year

US November broiler, turkey slaughter down year on year

US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...

12.24.2024

US weekly soybean, wheat export inspections rise, corn falls

US weekly soybean, wheat export inspections rise, corn falls

Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...

Latest Tweets