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Russian animal protein production for feed is projected to reach 870,000-900,000 tonnes in 2023, up 7-10% from last year, according to a Feedlot think tank analyst at the ProteinTek conference. Meat and bone meal prices fell year on year to 52 roubles per kg from 57.6.
Growing Russian meat and bone meal and fishmeal supply, at lower prices, adds cheap protein to global feed markets and gives buyers more price leverage.
live.allaboutfeed.netVladislav VorotnikovOct 9, 2023
foodagribusiness.worldVladislav VorotnikovOct 9, 2023Not 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.
