US animal protein November price average higher month on month

US animal protein November price average higher month on month

US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.

November monthly average summary
Monthly average prices for US animal protein were steady to higher in November compared with October.

Monthly averages of meat and bonemeal, both porcine and ruminant, were higher on active demand, even though lower soybean meal continued to weigh on market sentiment, according to market sources.

Porcine meat and bonemeal prices rose to a high of $375 per short ton traded in the eastern Iowa-Illinois regions and $440 per ton in the Carolinas during November.

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