Market Activity

The market was quiet to close out the week with no action reported.

Ruminant MBM prices are closing out the week up $33 or 11.3% compared to last week’s average. Despite the increase in price and the drop in bean meal prices, R-MBM remains well priced at 81.5% to nearby SBM. Porcine MBM was flat with strong kills and a wide spread to ruminant keeping prices in check. Porcine MBM closed out the week at a relative price to soybean meal of 92.2%.

Feather…