Feather Meal Price: Up 44.4% Year on Year at Its 52-Week High
Feedsoft's feather meal benchmark was $558.95/mt on Nov 2, flat on the day, up 44.4% year on year and at the top of its 52-week range of $361.34–$558.95/mt. Reference markets include Minnesota, Arkansas, Mississippi and the Kansas City region.
· Feedsoft Markets Desk
TRANSCRIPT
Feather meal: $558.95 a tonne. That's Feedsoft's feather meal benchmark on Nov 2. Feather meal is a protein meal that goes into animal feed.
Up 44.4% from a year ago. Same benchmark, twelve months apart. Feather meal now costs 44.4% more than it did this time last year.
Right at its 52-week high. Lowest point in the past year: $361.34/mt. Nov 2: $558.95/mt. That is the top of the range.
Flat on the day, low volatility. No change on Nov 2. Annualised volatility is just 11%, yet the price still climbed 44.4% over the year.
Buying feather meal? Check your quotes. Reference markets: Minnesota, Arkansas, Mississippi and the Kansas City region. Compare what you pay against the benchmark.
Read the full analysis: feedsoft.ai/c/FEATHER
Market information, not investment advice.