# Meat and bone meal prices drop in wake of Indonesian suspension | Farm Online | ACT

> Forty Australian beef plants were suspended by Indonesia from supplying rendered meat and bone meal after an audit of two new plants raised concerns, mainly the lack of container packing facilities. Australian domestic meat and bone meal prices have fallen $120 a tonne, about 25 percent, in the past month, and plants are reapplying for approval.

- Date: 2018-10-30 · published 2018-10-30T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/62663-meat-and-bone-meal-prices-drop-in-wake-of-indonesian-suspension-farm-online-act
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Indonesia is a key buyer of Australian MBM used in poultry feed, aquaculture and pet food, so losing this outlet adds domestic supply pressure and lowers local MBM prices until trade is restored.

## Read by commodity

- MBM: bearish ▼

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5731390/meat-and-bone-meal-prices-drop-in-wake-of-indonesian-suspension/

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