Animal Proteins – International

The weakness in the Indonesian market persisted with lower prices reported again this week. Trading was done $430 – 450 CIF. Heavy inventories, soybean meal in the mid-$300’s, lower bird numbers and a influx of material rejected from Vietnam have all been blamed for the lower prices. Some buyers have suggested that their October positions are done and their next buying position is for November. Trading out of China was lower as well, but not nearly…