Meat and bone meal (MBM) prices were largely unchanged on an FOB Australia and New Zealand basis in the week to Thursday February 20, with sources continuing to suggest some market weakness due to strong production.
Bovine MBM prices into Indonesia and China were lower, although some sellers have reported strength from the Chinese market.
Sellers moving material in the US domestic market continued to see demand destruction due to the spread of highly pathogenic avian influenza (HPAI), which has cut the number of total birds in the US market, but has also created a hand-to-mouth buying mentality.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...