Animal Proteins – International

The Indonesian market saw lower prices this week, $430 – 470 with a number of reports at the $430 – 440 mark. At $430 – 440/MT, US sellers are still doing well with interior pricing at sub $300 FOB levels.

Figure 1.

The spread between Indonesia CIF and Mo. River (FOB) ruminant MBM is shown for 2015 – 2016.