Market Activity

Ruminant MBM prices were higher out of the Dal/HOU and Illinois markets today. Sellers continue to see good demand basis the stronger bean meal market, but there were reports of aggressive upside offers turned away. Mo. River and Eastern IA/IL porcine MBM was up $10 from the previous low.

Trading outside of the MBM market was sideways. Feather meal demand continues to run high with export, aqua, blend and fertilizer demand all very strong at the moment….