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Animal Proteins

Ryan Standard | 05.03.2016 | Jacobsen

Market Activity

Trading in the ruminant market was fairly quiet today, but there was action at $310 out of the Texas Panhandle and trading up $20 out of the California market. Sources reported offers out steady, but buyers are pushing for lower values based on SBM availability. Sources have commented that an increase in slaughter is putting some pressure on prices as well. With that stated, all of the ruminant action today was steady to higher. Porcine MBM traded $320 – 345 FOB…

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