New Zealand ovine MBM prices supported on active demand

New Zealand ovine MBM prices supported on active demand

New Zealand ovine meat and bone meal (MBM), 55 pro, traded up this week to a range of NZ$1,450-1,525 ($899-946) per tonne, supported by active demand from Europe, according to one market source.

But Indonesian bovine MBM imports traded down to a range of $475-490 per tonne CIF in the week ended Thursday December 18, pressured by slower demand.

Continued weakness in the US market may have contributed to the downturn into Indonesia, with mixed beef MBM selling as low as $207 per tonne FOB US interior this week.

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

05.02.2025

Sausage casings bulletin, May 2, 2025

Sausage casings bulletin, May 2, 2025

Runner market commentary
Table 1

Membership required to view content.

Table 2

...

Membership is requi...

04.25.2025

Sausage casings bulletin, April 25, 2025

Sausage casings bulletin, April 25, 2025

Runner market commentary
Table 1

Membership required to view content.

Table 2

...

Membership is req...

04.11.2025

Sausage casings bulletin, April 11, 2025

Sausage casings bulletin, April 11, 2025

Runner market commentary
Table 1

Membership required to view content.

Table 2

...

Membership is requi...

Latest Tweets