# Pet food market moves briefing November 2026 - Fastmarkets

> Fastmarkets' monthly briefing shows five of eight pet food ingredient and packaging prices fell in October versus September. Fish meal (Peru) fell 11% to $3,095/t, poultry fat fell 11.8%, corn fob US Gulf fell 9% and tallow fell 4.6%. Feather meal rose 16% and poultry by-product meal rose 1.4%.

- Date: 2026-11-12 · published 2026-11-12T18:06:04.585Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95808-pet-food-market-moves-briefing-november-2026-fastmarkets
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Feather Meal](https://feedsoft.ai/c/FEATHER.md), [Corn](https://feedsoft.ai/c/CORN.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Lower fish meal, poultry fat and corn prices ease input costs for pet food and feed buyers, while firmer feather meal adds cost pressure in that protein segment.

## Read by commodity

- MBM: bearish ▼
- CORN: bearish ▼
- FEATHER: bullish ▲
- FISHMEAL: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/pet-food-ingredients-and-packaging-market-moves-briefing-november-2026/

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