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A Business Research Company press release says rising global demand for animal feed is driving growth in the meat and bone meal market. It cites UK data showing animal feed quantities rose 5.9% from 2022 to 2023 and projects market growth through 2034.
Growing feed demand supports MBM usage as a protein ingredient, but the release is generic market-research promotion with no new supply or price event.
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.