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Ruminant meat and bonemeal prices at Mo. River rose 10.32% week-on-week to $262.00/st, and porcine meat and bonemeal rose 8.49% to $396.00/st.
Porcine bloodmeal climbed 8.04% to $1,242.50/st. Trade volume was light during the AFIA purchasing conference.
Active demand and cattle slaughter running below 2023 levels have tightened MBM availability, supporting feed ingredient prices for buyers using rendered protein.
thejacobsen.comAlexandra WattsMar 15, 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.
