Market Activity

Trading was quiet to start the week. Sellers are out offering steady money on a few products, but interest from the buy side was non-existent today.

Prices continued to fall in the protein market as more material builds up and sellers continue to compete for customers. Porcine MBM finished the week at an average of $232, down $59 over the last three weeks. The ruminant market average was $206, down $34 from three weeks ago. The current ratio to soybean meal…