International Animal Proteins

Prices into Indonesia were reported as high as $550 CIF this week. Trading was also done as high as $550/MT into China. Sources have reported that pre-Ramadan demand from Indonesia continues to drive prices higher as buyers look to get their May arrivals in order. Buyers have suggested that the life of the protein rally may be short lived, however, as poultry production looks to tighten in the summer due to low prices in the current market. The…