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The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.
Poultry byproduct pet grade and feathermeal were steady for the day.
Meat and bonemeal market tones were considered unsettled and/or choppy for the week due to a combination of stronger beef slaughter, steady pork slaughter, diminished export demand for several international regions and limited price movements on the grains and meals markets.
Reformulations have been a constant topic of conversation. “Participants are looking for alternatives [for feed,] but lower [price] levels will buy into the rations,” one source said.
Fastmarkets’ price assessment for