Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price assessment for poultry by-product meal, pet food, 14 Ash 64 Pro, fob US Southeast was $700-800 per short ton on Wednesday, down from $775-825 per short ton on Tuesday May 14.

Fastmarkets price assessment for poultry by-product meal, pet food, 14 Ash 64 Pro, fob US Mid-South was $750-800 per short ton om Wednesday, down from $775-850 per short ton on Tuesday.

Poultry by-product pet grade (PBP PG) prices have been volatile since the start of 2024. The daily average price as of May 15 was at $775 per short ton, down by 6.06%, or $50 per short ton, from the daily average on May 1 and down by 20.51%, or $200 per short ton, from May 15, 2023.

…