Market Activity

The protein market was very quiet today with no trading reported. Sources suggested that feathermeal prices will move higher this week with significantly higher offers already out. MBM was quiet, but the tone was much more optimistic from the sellers.  

The weekly averages on MBM were mostly flat to the week prior. Ruminant MBM moved down $1 and porcine moved $2 lower. Sources continue to report market weakness, but the average prices have been mostly…