Market Activity

Trading was steady and quiet this afternoon. Sources reported flat pricing on porcine MBM, DRT and feathermeal. Ruminant MBM did trade as low as $230 out of the Panhandle. A number of people are in Orlando for the AFIA conference, which further casts a cloud of quiet over the market.

Sources continue to report a snug porcine MBM market despite the stronger kills coming through the packinghouses. The slaughter estimate today was 443,000 head, up from 1.6%…