# 2023 FM and IEMM Export Volume Well Above 2022 - The Jacobsen

> Fastmarkets reports that feathermeal and inedible meatmeal export volumes in 2023 were well above 2022, with feathermeal values up year-on-year through October. Inedible meatmeal exports fluctuated, with June at the lowest volume since May 2020 and a partial recovery in September and October. Participants cited lower cattle slaughter, a stronger dollar, weaker demand from Vietnam and Indonesia, and higher freight costs.

- Date: 2024-01-11 · published 2024-01-11T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/32249-2023-fm-and-iemm-export-volume-well-above-2022-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Lower ruminant slaughter tightens meat and bone meal supply, while weaker export demand and a strong dollar limit upside. Overall values were flat, so price pressure is modest.

## Read by commodity

- MBM: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/01/11/2023-fm-and-iemm-export-volume-well-above-2022/

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