# MBM and BM mixed to softer on lower demand - The Jacobsen

> Meat and bonemeal and bloodmeal prices were mixed to softer on April 16, with porcine MBM FOB Missouri River quoted at $380-450/st and ruminant MBM steady. Market sources cited mixed export demand and weaker domestic feed interest, partly offset by brisk pet food demand.

- Date: 2024-04-16 · published 2024-04-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30848-mbm-and-bm-mixed-to-softer-on-lower-demand-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Softer MBM values reduce the cost advantage of this protein for feed formulators, so buyers may find it cheaper to hold off or substitute, which supports pressure on the rendered protein complex.

## Read by commodity

- MBM: bearish ▼

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/04/16/mbm-and-bm-mixed-to-softer-on-lower-demand/

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