Market Activity

There was a good volume of ruminant MBM traded out of the Mo. River today, $240 – 263. Panhandle trading was quiet. Porcine trading was reported steady within the previous range and in light volume.

Feathermeal action was quiet today, but sellers remain confident in the market strength. There are some, however, who have suggested that demand from the blending sector is going to rapidly diminish if the spread to MBM doesn’t narrow. Taking a straight average…