
Global animal protein prices were mixed to mostly firmer in the week to April 9. Australian and New Zealand prices were steady to stronger on domestic demand, while Australian export feathermeal prices fell sharply.
New Zealand meat and bone meal rose ahead of Easter, and Australian cattle slaughter was down year on year.
Firmer meat and bone meal prices in Australia and New Zealand reflect tighter local supply and demand, which supports protein meal values for feed buyers. The steep drop in export feathermeal shows regional price gaps that could affect trade flows.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.