Market Activity

Trading was very quiet to close out the week and sources continue to express uncertainty when discussing market direction. Panhandle trading was done at $305 – 310 out of the Panhandle and Porcine was reported as high as $350 out of the Missouri River market. Despite the higher prices today, sources have reported that cheaper porcine material, both blood and MBM, are weighing on the ruminant market. The spread between porcine and ruminant has been consistent with…