Animal Proteins – International

MBM prices into Indonesia moved higher with trading done $480 – 490. Buyers were willing to pay the higher prices basis higher soybean meal values. Trading into China was quiet due to the holiday, but values were indicated sideways.

Domestic MBM prices in AUS were down AUS$20 compared to last week. Trading in the other markets was quiet. MBM out of the NZ market was higher for bovine and ovine product. Ovine meal continues to see very strong…