US animal protein prices were mixed on Tuesday October 29.
Ruminant and porcine bloodmeal were under price pressure on Tuesday due to lower soybean meal futures on the Chicago Board of Trade (CBOT) and decreases in dairy producer margins, one market source told Fastmarkets.
Fastmarkets assessed bloodmeal, porcine, US Iowa/Missouri/Nebraska at $850-950 per short ton on Tuesday, down from $875-970 per ton on Monday October 28.
Fastmarkets assessed bloodmeal, ruminant, US Missouri River at $875-950 per short ton on Tuesday, narrowing from $850-975 per ton on Monday.
Sentiment in the ruminant meat and bonemeal markets was highly mixed; some locations had active-to-brisk demand, while other areas were struggling to trade at the high end of the assessed price range, sources told Fastmarkets.
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Ruminant, porcine bloodmeal under price pressure in US animal proteins market
US animal protein prices were mixed on Tuesday October 29.
Ruminant and porcine bloodmeal were under price pressure on Tuesday due to lower soybean meal futures on the...