Market Activity

Ruminant MBM trading was done $250 – 280 out of the Mo. River, down $10 from the previous high. Sellers continue to see pressure from competing sellers cutting prices in order to stay in rations. Porcine trading was sharply lower today, $270 – 290 Mo. River and Eastern IA/IL. Carolinas was lower as well $310 – 340.

Ratios for porcine and ruminant are still very good relative to soybean meal and inclusions should remain strong, but heavy supplies of both…