Market Activity

Ruminant MBM prices moved lower today out of a number of markets. Mo. River and Panhandle trading was done as low as $250 and good volume was reported at the $265 level. Fierce competition for space in rations is leading sellers to cut their offer prices sharply in order to keep product moving in volume.

The bloodmeal market traded sharply higher today topping out at $1000 for porcine and ruminant material. As the bloodmeal market is wont to do, the pendulum…