Market Activity

Ruminant MBM trading was done $320 – 330 out of the Mo. River market and $310 FOB Panhandle. Trading into the Eastern market was reported at $390 and $380 – 390 AL/GA. Sellers continue to report aggressive down bidding from buyers trying to get MBM prices close to SBM. Buyers are seeing a wide variety of protein offers from a number of markets and are in the driver’s seat.

Figure 1.

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