International Animal Proteins 28.03.2024

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International Animal Proteins 28.03.2024

Alexandra Watts | 03.28.2024

Meat and bonemeal (MBM) were lower in Australia, New Zealand, China, and Indonesia this week. Market sources attributed this to excess offering levels in Australia from lofty beef slaughter numbers. Australia MBM 50 pro delivered was reported at a low of $650/mt. New Zealand’s 45 pro meat and bonemeal was reported at NZ$620-640 ($384-397) per tonne, while 50 pro was within a range of NZ$700-720 ($434-446) per tonne (mt).

The MLA reported cattle slaughter at 136,503 for last week, u...

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