Market Activity

There was some light clean up action in the ruminant market today with trading reported at $225 out of the Dal/Hou market, $220 FOB River and $230 FOB IL.  At $220 FOB, the MBM market is at 70% of the price of December soybean meal. These values should be very attractive to buyers.

Figure 1.

Porcine MBM, blood…