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Fastmarkets assessed ruminant meat and bonemeal at the Missouri River at $250-320 per short ton, steady day on day, with unconfirmed trades at $375. Porcine bloodmeal at the Missouri River narrowed upward to $950-1,000 per short ton on active demand.
Steady ruminant MBM and firmer porcine bloodmeal point to balanced to slightly firmer US animal protein values, which supports feed ingredient costs for buyers.
thejacobsen.comAlexandra WattsNov 19, 2024Not 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.
