# Animal Proteins - The Jacobsen

> Pacific Northwest ruminant meat and bone meal traded as low as $225 at the start of the week, with West coast markets under pressure from difficult exports leaving local supply heavy. Last week's cattle slaughter fell 3.6% week on week to 636,000 head and was 1.4% below the same week last year, although year-to-date slaughter remains 2.8% above 2017.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63650-animal-proteins-the-jacobsen
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy regional MBM supply and weak export demand push local meal prices lower, which pressures rendered protein values for feed buyers. Slower slaughter tightens cattle supply modestly, but the regional export problem dominates the price signal.

## Read by commodity

- MBM: bearish ▼
- LCATTLE: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2018/08/27/animal-proteins-125/

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