Market Activity

There was more doom and gloom in the market as ruminant MBM prices continued to slide. Mo. River, Panhandle and Illinois trading topped out at $240. The panhandle also saw trading at $200 and $230. Delivered values into the Eastern and AL/GA markets were lower as well. MBM prices on the West Coast are unchanged, but a $200 panhandle market may put some pressure on those values. West Coast sellers may be benefitting from export proximity, but again, the continually…