Please Note – The Jacobsen will not publish an International Animal Proteins Bulletin next week due to the Thanksgiving holiday. We will resume our regular publication schedule for the International Bulletins on 3 December.
Meat and bone meal (MBM) prices moved higher again this week, following the nearby soybean meal market higher. Tight supplies in some exporting countries and strong demand have pushed values into Indonesia as high as US$600 CIF and $570 into Vietnam, Taiwan, and Malaysia. Trading into China was steady this week.
Australian protein prices are steady this week, with most market reports steady or quiet. Demand for poultry proteins remains strong from both the pet and aquaculture industries. New Zealand MBM prices moved higher on strong demand from Indonesia. Both the Australian and New Zealand markets are headed for a period of very tight production in mid-December, which adds additional risk for higher prices…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...