Market Activity

Ruminant MBM traded in very good volume, over 100 trucks, out of the Panhandle and Mo. River markets for March shipment at $365 this afternoon. Porcine trading was done at $370 FOB Eastern IA/IL.

Porcine blood meal closed this week at the lowest level since March 16^th, 2012. Figure 1 below shows a the Midwest porcine blood meal market over the last ten years on a weekly basis. One of the most notable and takeaways from this look is that the…