Animal Proteins – International

Trading into the Indonesian market was higher for bovine MBM this week, $500 – 510 CIF. Sellers are seeing a boost from the higher priced SBM market and buyers have reported offers as high as $540 CIF. Trading into China was reported steady. Sources have indicated that demand from Vietnam remains firm, but prices are getting toppy given the heavy supplies already heading into that market.

Trading out of the New Zealand market was higher this…