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Fastmarkets assessed Southeast US poultry by-product meal pet grade lower on September 20 at $550-625 per short ton due to higher production. The October soybean meal futures averaged about $318.66 per short ton in the week to September 20, up slightly from the prior week.
Higher poultry byproduct meal output is pressuring pet-grade prices, while soybean meal held roughly flat, leaving the protein meal complex mixed.
thejacobsen.comAlexandra WattsSep 20, 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.
