Market Activity

Ruminant blood meal prices continue to fall with trading reported $825 – 875 FOB Mo. River this afternoon. Panhandle activity was quiet, but sources reported that the expectation is for lower prices this week.

Feather meal trading was done $10 up from the previous high. Trading in the MBM markets, both ruminant and porcine, was non-existent today.  

The ruminant MBM weekly average reversed direction last week, trading up $2 compared to the prior…