Market Activity

The market was mostly quiet to end the week. Pet grade PBM did fall to a range of $600 – 625 out of the Midwest.

With “trade war” on the lips of most pundits, traders and farmers these days a look at Chinese demand of US feather meal seemed timely to close out the week. China has taken an increasing amount of feather meal from the US market over the last five years, importing volume in the neighborhood of 1 KT in 2014 and 2015 before jumping to 7.4 KT in…