US animal protein prices were flat on Friday November 8, with sources reporting no changes.
In the week to Friday, animal protein prices were relatively steady. Sources reported some price pressure, mostly due to lower soybean meal futures on the Chicago Board of Trade (CBOT).
Market participants reported a rise in demand for ruminant and porcine bloodmeal for the November/December period, likely due to the holidays. Some sources are hopeful for upward price pressure on bloodmeal in the coming weeks.
The weekly average price for porcine bloodmeal in the Missouri River market dropped to $900 per short ton on Friday, down by $4.50 per ton from the previous week.
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