Market Activity

Ruminant MBM action was higher out of the Mo. River market and steady out of the IL and Panhandle markets today. Demand is strong enough that buyers seem to be calling sellers and simply saying, “give me whatever you’ve got.” At the current value to soybean meal, that demand increase isn’t a surprise to anyone. Prices for ruminant MBM out of the Mo. River have gone up 30.4% over the last four weeks.

Ruminant blood meal was up to a high of $750 out of the…