Market Activity

Ruminant MBM traded in a wide range this afternoon, $235 – 280 FOB Panhandle and Mo. River. Sellers with all beef material that may have a range of options on where to move their material have been able to get numbers at the top end of the range. Sellers without access to the pet food or export markets are finding the poultry industry crowded with similar parties looking to move material, hence the lower values.

Porcine tightness was confirmed today by a…