Market Activity

Ruminant MBM trading was steady on the low side of the Panhandle market with $265 reported. Trading out of the Mo. River was reported as low as $265, but the bulk of action was $295 and up. Sellers have reported some headwinds due to the lower bean meal prices, but material remains tight with export demand pulling a lot of product out of the country.

Porcine MBM prices were off $12.50 out of the Mo. River market today and $10 lower out of the Carolinas….