Market Activity

Ruminant MBM was reported between $360 – 365 FOB Panhandle and down $3 from yesterday’s high FOB Mo. River. Porcine trading was done in good volume at a flat $385 FOB Mo. River and Eastern IA/IL. Most sources reported that this week’s production had already been sold, but pressure from the bean meal market is expected to push prices lower next week.

Blood meal was reported at $1100 FOB Panhandle for ruminant material.

Figure 1.