Runner Market Activity

Red hot prices into China continue to drive the runner market higher, particularly in Europe. Light trading (about a quarter of a container) was reported as high as €1,80 this week. The EU market topped out at €1,63 for full container loads. The North American market was quiet this week.

A source once commented to me that US slaughter, an in turn supply, had little effect on the market. I was skeptical of the comment to say the least, but…