Animal Proteins – International

Ruminant MBM trading into Indonesia sank lower, $490 – 510 with sources suggesting that buyers are pushing for $480 and lower. Trading into China was reported $500 – 510. An influx of cheaper, EU material has pressured prices lower and sources have suggested that the market still has room on the downside. Any sales made for October arrival are likely going to be sub $490.

Trading out of the Australian market was quiet this week. September…