Market Activity

Ruminant MBM traded a bit lower out of the Mo. River market, $300 – 310 FOB and Panhandle trading was reported at $290 – 310. The Illinois market jumped $20, but the IL renderer market remains quiet at $270. AL/GA and Eastern market trading were done as high as $360 and $365, respectively. Buyers are reporing cash SBM values around $300 and are talking reformulation for mid April if prices don’t flatten out.

Porcine MBM traded lower, as low as $300 FOB…