Market Activity

Trading was quiet to start the week on proteins although a down sentiment appears to still be present.

The animal protein market saw further decreases last week in nearly all product categories. Ruminant MBM fell 2.5% or $6 compared to the prior week’s average. Weaker exports and strong supply continue to weigh on the market. Porcine trading was lower as well, down $16 or 5%. Sources have commented that exports for porcine are better than the ruminant…