Market Activity

MBM trading was active at steady to lower prices this afternoon. Trading out of the Mo. River market was reported steady, but values were off $7.50 out of the Panhandle. Sellers continue to report strong demand, but the threats of and/or actual action of reformulation have been ubiquitous. Many are eyeing the seasonal slaughter increases and hoping to squeeze the last out of this rally before the cheaper SBM and increased supply throw a wet blanket on the market.

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