# US animal protein prices steady; demand increases ahead of holiday - The Jacobsen

> US animal protein trade was large in volume on November 5 with prices within prior ranges. Market sources cited supportive undertones ahead of Thanksgiving from increased demand, and porcine MBM relative to CBOT soybean meal has fallen from its April peak.

- Date: 2024-11-05 · published 2024-11-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27533-us-animal-protein-prices-steady-demand-increases-ahead-of-holiday-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stable prices and firmer holiday demand support meal values, while weaker MBM relative to soybean meal reduces the economic appeal of MBM in rations.

## Read by commodity

- MBM: neutral
- SBM: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/11/05/us-animal-protein-prices-steady-demand-increases-ahead-of-holiday/

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