Light trading reported, $5 dollars down from the previous low on MBM ruminant for both the Missouri River and Dallas/Houston markets.
Porcine MBM is closing the week at a $57.50 premium to ruminant MBM out of the Mo. River. The average spread for 2017 YTD is $37.70, which puts this week’s value at $20 over the annual. The high price of porcine should have the effect of either pulling ruminant MBM up or vice versa, ruminant MBM pulling the porcine market…
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