International animal proteins were mixed for the week. Feathermeal and bloodmeal levels were within previously set ranges on steady demand. Meat and bonemeal values were varied, with values to China lower by $40.00/mt and Indonesia flat for the week at $690-700/mt. New Zealand values were mostly steady to firmer for the week with slight increases on ranges. Australia continues to show unsettled tones with the higher slaughter levels for the year weighing on active demand levels. Ovine values were softer this week, with a low of $1150/mt AUS and $1100/mt NZD. Wide ranges continued on ovine meal for the near term. Poultry feed and poultry-by pet grade were flat for the week.

The MLA estimated Australian National harvest at 119,460 head for week ending May 15^th. This is up 21.3 percent, or 20,979 head, from last week and 37.3 percent, or 32,435 head, from last year. Relative to the AUS dollar, the USD index dropped 1.3 percent from last week, down from a start of…