Market Activity

Ruminant MBM traded at a higher average price today, $253 – 270 FOB Mo. River, but the top end of the range was down to $270. Panhandle trading was done at a flat 255. The Illinois renderer market was off $10, trading at $240.

Feather meal traded steady out of the MN market, $475 this afternoon.

Cattle slaughter closed the week at a paltry 556,000 head, down 17,000 head from last week and off 4% from the same week, last year. Cattle on feed numbers…