Market Activity

There were few changes in the market today with action mostly quiet. There remains a negative tone in the MBM market for both ruminant and porcine due to the heavy kills and lackluster demand.

Bloodmeal values were mostly steady today and plenty of action was reported in the $500 – 550 range for ruminant. At these levels, sellers are seeing more interest but no one is calling for higher prices in the short term. It’s reasonable to expect prices to level out…