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The US animal proteins market was quiet on July 16 with mixed product values. Meat and bonemeal was generally flat, with deals reported below $325 per short ton for porcine material on the Missouri River, though not confirmed.
Bloodmeal was mixed and expected to ease.
Pressure from weaker soybean meal is weighing on sentiment across US animal protein ingredients, pointing to softer prices for rendered proteins in feed formulations.
thejacobsen.comJul 16, 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.
