Loading…
Australian beef co-product trade in rendered meatmeal to Indonesia, halted in 2018 over compliance issues, is set to resume after Indonesian authorities confirmed audit success for several rendering plants. Negotiations on a bilateral protocol and health certificate are being finalised before trade can start.
Reopening a market worth over $100 million a year adds Australian meat and bone meal supply to Indonesian feed demand, a modest bearish signal for MBM prices once trade flows.
farmonline.com.auShan GoodwinJan 6, 2025Not 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.
