Both ruminant and porcine meat and bone meal (MBM) were reported in a wide range on Wednesday February 19, with the market continuing to report a bifurcation based on market position and customer optionality.
Ruminant MBM traded as high as $325 per short ton FOB Missouri River and as high as $290 per ton FOB Texas Panhandle for non-pet food sales, but the bulk of reports were within the printed market ranges.
Multiple sources have reported that there “continues to be pressure on the market due to HPAI [highly pathogenic avian influenza] cases,” but that some areas are reporting faster-than-expected bird repopulations, which has helped to bolster demand.
The reported range for porcine MBM narrowed to $250-270 per ton FOB Missouri River and FOB Eastern Iowa/Illinois, but sales were heard as high as $350 per ton.
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