EU Prices Continue to Slide on Veg Oils, Biodiesel Imports
Trading out of the ANZ market was mostly quiet this week, but there were some local price adjustments based...
For the day, limited price adjustments were witnessed on most animal proteins. Bearish tones on meat and bonemeal was still conveyed, however, bulk market values have lingered within the previously set ranges.
Poultry-by items are exhibiting a push-and-pull structure, as limited offerings, and brisk demand limit spot price adjustments. The drop in the soybean meal has pushed prices for contracted purchase lower, which led to negative pressure from the buyers for the spot purchases in the market.
The limited spot supply has led to a wide...
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