**Please Note** The Jacobsen will not publish an International Animal Proteins Bulletin next Thursday, November 27th due to the Thanksgiving holiday.**
Meat and bone meal prices are higher into Vietnam, Thailand, Indonesia, and China this week. A big part of the CIF cost is from the logistical premiums, but also from tight supply in the Australian and New Zealand markets. Buyers in Asia are paying a premium for ANZ, or in the case of Indonesia, NZ, material due to shorter shipping times. Material continues to trade out of the US into Indonesia at the bottom end of the range, but US sellers are struggling with rail, chassis, port and container access and availability issues.
Australian prices were flat this week, but there is risk for prices to move higher in December on tight supply. The MLA estimated Eastern State slaughter just below 90,000 head for last week. Poor…
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...