Market Activity

Porcine bloodmeal FOB IA/MO/NE closed out the month $485 higher than the April average price, the biggest monthly upswing in the last eighteen years. Those in the bloodmeal market know that huge price swings come with the territory and big moves from month to month are not without precedent. In 2014 the price of porcine bloodmeal increased $770 from May to July and in 2015 the increase was $630 for the same time period. In 2014 the livestock numbers were bottoming…