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Animal protein prices in Australia rose in the week to November 14 on active demand and expectations of lower slaughter ahead of Christmas. Fastmarkets assessed Australian bloodmeal at A$1,175-1,215 per tonne, up from A$1,150-1,200 a week earlier.
Expected lower slaughter and firmer export demand tighten supply of animal proteins, supporting prices, though weaker soybean meal limits the upside.
thejacobsen.comAlexandra WattsNov 14, 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.
