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Poultry by-product meal pet food prices in the Mid-South narrowed upward to $550-600 per ton on February 18 due to tighter inventories. Southeast prices narrowed to $525-575 per ton, with some trades reported as low as $475 that could not be confirmed.
Tighter poultry by-product inventories support higher prices for animal protein meals, a modest bullish signal for poultry-derived feed ingredients.
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.