Limited trade keeps US animal protein prices flat week on week

Limited trade keeps US animal protein prices flat week on week

US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product pet food have led to week-on-week price adjustments.

Ruminant meat and bonemeal, Missouri River, prices were rangebound for the week. But the average of $207.50 per short ton in the week to Friday was down by 2.81% from the week to January 10, when values were $213.50 per ton. Downward price pressure has been consistently communicated from market sources through the week, though limited trade volume kept prices stagnant.

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