The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices for bloodmeal and meat and bonemeal were supported by active buying interest, market sources told Fastmarkets.
Fastmarkets’ assessment for porcine, meat and bonemeal, US Missouri River averaged $334.50 per short ton in the week to Friday, up by 2.92% from the an average of $325 per ton the week before.
Fastmarkets’ assessment of ruminant, meat and bonemeal, US Missouri River reached a high of $350 per short ton on Tuesday November 12, but the high end of the assessed range was $320 per ton on Wednesday November 13. This increased the weekly average to $288.50 per ton, up from $287.50 per ton the previous week.
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The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...