Please Note – Ryan Standard will be out of the office until Monday, August 2nd. In his absence, please contact Chloe Krimmel at [email protected] or 732.642.6302.
Meat and bone meal traded higher into Indonesia, topping out at $550 CIF. Tight supplies in New Zealand helped to boost prices and a similar market dynamic is playing out for Taiwan, Malaysia, and Vietnam. Australian cattle slaughter continues to trend at multi-year lows with the MLA estimating last week’s harvest at 93,480 head. The tight production has limited changes in the Australian domestic market for bovine MBM as well, but next week will bring August tenders to light and there is risk for higher prices. Strong pet food…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...