Market Activity

Ruminant MBM traded at $333 – 337 FOB Mo. River this afternoon in what was otherwise a very quiet day. Sellers are optimistic that the uptick at the CME today will lend them a hand while they try and keep prices steady this week. 

Protein prices continued their slide last week, with the biggest drop seen in the feather meal market. Feather prices fell $22 compared to the prior week’s average. Both porcine and ruminant MBM dropped $15 compared to the…