Market Activity

There was steady trading out of the Mo. River ruminant market in light volume today, porcine trading was down out of the Eastern IA/IL market. As has been the story this year, porcine slaughter remains strong while cattle slaughter is weak. Cattle kills were 111,000 today while the porcine slaughter was 424,000 up from 378,000 last year. 

Proteins prices continued to slide last week. The weekly average price for ruminant MBM was below the $300 mark…