US weekly MBM average prices under downward pressure; bonemeal up

US weekly MBM average prices under downward pressure; bonemeal up

US weekly animal protein markets were highly mixed in the week to Friday February 14, with rising prices for bloodmeal (BM) and poultry by-product, but declines in meat and bonemeal (MBM).

An increase in avian bird flu cases led to reduced commercial flocks, weighing on meat MBM prices as buyers’ needs decreased, according to market sources.

In the Missouri River region, the bulk of trade for ruminant MBM was done in a range of $130-290 per short ton in the week to Friday, with most trades on Friday landing at $140-240 per ton.

Even though diminished interest has placed downward pressure on mixed and some pure beef MBM, pet food demand has been reportedly active, keeping some trade prices higher.

Ruminant MBM, Missouri River averaged $199.50 per short ton in the week to Friday, down by $8 per ton from the previous weekly average of $207.50 per ton and down by 27.9% year on year from $276.50 per ton.

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