Animal Proteins – International

Prices into China moved lower this week, topping out at $580 CIF for ruminant MBM. Trading into Indonesia was steady with reports of logistics difficulties tied to COVID-19 restrictions, both in Indonesia as well as in the exporting countries.

Australian prices were higher on domestic MBM this week with reduced slaughter numbers pushing the bottom side of the market higher. Tight supplies in the New Zealand market are boosting prices out of…