
Fastmarkets launched weekly price assessments for Brazilian meat and bone meal, covering a bovine 40-45% protein product cif São Paulo in reais per kg and a bovine 50% protein product fob southeastern and southern ports in USD per tonne. The prices will be published weekly at 12pm São Paulo time and added to Fastmarkets' animal proteins package.
New transparent price benchmarks for Brazilian MBM give feed buyers a reference for a protein meal that competes with soybean meal and fishmeal in inclusion formulations. The launch itself does not move prices but improves price discovery.
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