Market Activity

Ruminant MBM trading was reported lower out of the Panhandle market, $230 – 285 FOB Panhandle and $240 – 290 FOB Mo. River. Sources have suggested that the market is seeing a lot of pressure and that today’s weakness at the CME in bean meal further accelerated the buyer’s flight from the higher end of the range.

Porcine trading fell to a range of $300 – 330 FOB Mo. River and Eastern IA/IL. The Carolinas market was reported $340 – 375, steady with last week’s…