Market Activity

It’s been a slow Monday, nothing to report on the feed front. 

Ruminant MBM traded $12 lower, on average, than the prior week. Sources reported that the effects of lower bean meal prices had taken hold. Stories of more bean meal find its way into rations was ubiquitous amongst the MBM sellers last week and sources also reported that the demand from blenders had fallen off significantly. Porcine MBM was off by $3 and is facing the same pressures felt in…