# New Zealand ovine MBM prices supported on active demand - The Jacobsen

> New Zealand ovine MBM (55% protein) traded higher in the week to December 19, at NZ$1,450-1,525 per tonne, supported by European demand. Indonesian bovine MBM imports fell to $475-490 per tonne CIF amid slower demand, and mixed beef MBM sold as low as $207 per tonne FOB US interior.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27076-new-zealand-ovine-mbm-prices-supported-on-active-demand-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Diverging regional prices show uneven demand for MBM, with European buying supporting ovine product while weak US and Indonesian demand pulls bovine prices lower.

## Read by commodity

- MBM: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/12/19/new-zealand-ovine-mbm-prices-supported-on-active-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.