Market Activity

Ruminant MBM traded at $365 -370 out of the Mo. River market this afternoon in good volume. Trading was quiet elsewhere for MBM. The pet food grade PBM market did see trading as low as $600 out of the Midwest late yesterday with sources continuing to reported significant weakness in that market.

Proteins in general feel week as the supply outweighs the demand at present. Blood meal values stopped their precipitous drop this week and ruminant found itself…