Market Activity

The week closed with a flurry of action in the ruminant MBM market. Trading out of the Mo. River was reported at $290, 292 and 315 FOB Mo. River.  Fourty four trucks traded out of the Mo. River market at the $315 mark and additional loads were sold at $320 and $325 for Sep and Oct, respectively. Panhandle trading was seen in big volume, $315 FOB for 119 trucks. Eastern action was steady to higher, topping out at $385. Sources in the ruminant market continue to…