Market Activity

Sources are reporting mounting pressure in the ruminant and porcine MBM markets. Trading was mostly steady today, done in a tighter range out of the Mo. River market. Porcine trading was lower, $360 – 380 out of the Mo. River market.  A wide variety of cheaper products, including soybean meal and DDGS are the most oft cited reason for the bearish sentiments. 

Animal Proteins – International

Trading into Indonesia was reported higher again…