Market Activity

Trading was quiet to start the week, typical for a Monday.  Cattle slaughter continues to run at a strong rate with last week’s estimate revised to 629,000 head.

The skid in the porcine MBM stopped, or paused, last week with the weekly average finishing even with the prior week’s average. Sources reported that domestic demand was weak, but that strong international interest was helping stabilize the price. Ruminant MBM continued to slide, finishing the…