Market Activity

Ruminant MBM prices continued to climb today with Mo. River trading done at $335 – 348 and out of the Panhandle at $320 – 360 with a good amount of $355 trading with that range. Trading into the Eastern market was reported at a flat $415 while trading into the AL/GA market was done $415 – 420. Sources continue to report strong demand due to favorable ratios to soybean meal and supplies remain tight due to a weak slaughter.

Figure 1.