Market Activity

Trading was done lower in the Panhandle and Mo. River ruminant markets, $305 – 320. Sellers still had loads to move today, a sure sign of a weak market. Many have kicked MBM out of rations in favor of high pro poultry meal. Cash bean meal prices support MBM at or above the current trading range, but a combination of cheaper poultry products and perhaps a few jilted buyers is continuing to push the MBM market into overcorrection mode.

Porcine MBM trading was…