PBP Pet Grade and Chicken Meal Values Continue to Degrade

PBP Pet Grade and Chicken Meal Values Continue to Degrade

Limited trade was reported for Tuesday on most ruminant and porcine items with most testing market values. A significant drop on poultry-by product pet grade as well as chicken meal was witnessed to start the shortened week. Multiple participants indicated excess offerings levels, or a ‘flooded market,’
on poultry-by items. This was due to a combination of several pet food processing facilities halting, or slowing flows, for maintenance as well as accounts of lightened demand as inflation lingers. A low of $800/st was noted on chicken meal, Mid-South, while poultry-by pet grade was as low as $750/st for both the Mid-South and Eastern Shore regions. Offers at a steady range for the Mid-West were not confirmed as traded at the time of publication.

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