Market Activity

Trading was fairly quiet today with steady numbers reported on most products.

Ruminant blood meal prices did move higher out of the Mo. River market this week topping out at $600 FOB. Holiday constriction of supply has lent strength to the ruminant bloodmeal market, historically. When considering 2010 – 2017 the price in November has increased 57% of the time relative to October and in December, 86% relative to November. Any upswing in November of this year…