US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related products due to the expected port closures from the International Longshoremen’s Association strike unless an agreement is reached by January 15. Also creating increased market unease is the forecast of a snowstorm in the Mid-South to Southeast regions on January 9-10, possibly affecting poultry production.
Feathermeal prices were steady to lower in the Mid-South region at $360-420 per short ton on Tuesday, widening downward from Monday’s range of $380-420 per short ton.
Poultry by-product pet grade, Mid-South, Southeast and Midwest were assessed in a range of $500-600 per short on Tuesday. Spot prices were down from Monday’s ranges of $550-625 per short ton in the Mid-South and Southeast and of $540-900 per short ton in the Midwest.
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