# Meat and bone meal steady in most regions, lower in Australia - The Jacobsen

> Fastmarkets assessed bovine meat and bone meal export prices to China and Indonesia steady week on week at $470-480 per tonne. Australian cattle product prices were reported weaker at the start of May on higher cattle production and softer demand.

- Date: 2024-05-02 · published 2024-05-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30381-meat-and-bone-meal-steady-in-most-regions-lower-in-australia-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Steady MBM prices with weaker Australian supply-side pressure suggest limited near-term upward pressure on protein meal costs for feed buyers. Weaker Australian cattle product prices point to ample availability in export markets.

## Read by commodity

- MBM: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/05/02/meat-and-bone-meal-steady-in-most-regions-lower-in-australia/

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