Loading…
Fastmarkets assessed pet food grade poultry by-product meal at Mid-South at $575-600 per short ton, narrowing downward from Monday's range. USDA data showed October US broiler slaughter at 861.55 million head, up 4.48% year on year.
Higher broiler slaughter adds supply and lower soybean meal values are pressuring by-product prices, both bearish for poultry meal and related feed inputs.
thejacobsen.comAlexandra WattsNov 26, 2024Not enough comparable past events yet for a historical read.
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.
