Market Activity

Trading in the ruminant MBM market consolidated with the top side of the market falling to $310 out of the Mo. River and $305 out of the Texas Panhandle. Trading in the Eastern and AL/GA markets was lower and trading out of California moved higher, $280 – 300. Sellers have reported that buyers are winning the push for lower prices basis soybean meal values, but the downside has been limited by the long, holiday weekend.

The porcine market is seeing some…