# Global Meat and Bone Meal Prices Higher - The Jacobsen

> Global meat and bone meal prices rose, with Asian trading into Malaysia, Vietnam and Taiwan at $540-560 CIF. Australian MBM topped out at AUS$700 as slaughter ran about 24% below year-earlier levels, and US export prices crept higher on strong importer demand.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50260-global-meat-and-bone-meal-prices-higher-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tighter ruminant slaughter and firm soymeal values are lifting MBM as a protein substitute, supporting feed buyers' protein costs.

## Read by commodity

- MBM: bullish ▲
- SBM: bullish ▲

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/11/05/global-meat-and-bone-meal-prices-higher/

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