Market Activity

 Trading on ruminant MBM slid to a high of $250 out of the River and Panhandle markets. Dal/Hou action was lower, $230. AL/GA trading was lower, $285 – 295 delivered. California action topped out at $290.

Porcine trading was off $10 from yesterday’s high as sellers continue to move material lower in order to keep supply from building. Today’s hog slaughter was estimated at 461,000 head. A heavy Saturday kill could push hog slaughter above the 2.5…