Market Activity

Ruminant MBM was steady out of the Mo. River market today, $360 – 365 and lower FOB Texas Panhandle, $345 –  370. Trading out of the IL market was lower as well, $370. The Mo. River porcine market saw action in a tighter range today, $365 – 395. Eastern IA/IL trading was done at higher prices, $380 – 395. Sources in the porcine market have reported an increase in demand this week. Some sellers are seeing some help from the higher soybean meal prices as well.

…