Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened cattle slaughter, fluctuations on export interest, an increase in avian flu cases, impending tariffs and winter weather — have led to a “have/have-not” market for MBM. This has created wide ranges for MBM as sellers with the ability to locate multiple outlets for MBM products have communicated tight inventory while others have reported excess stocks.
Fastmarkets’ assessment for meat and bonemeal, ruminant, Missouri River was $155-260 per short ton on Wednesday, steady from Tuesday.
A low of $140 per ton and a high of $325 per ton were both reported for Wednesday in Missouri River; however, the bulk of trade, in terms of load counts and buyers/sellers fell within the published range.
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