Market Activity

Ruminant MBM traded as low as $190 FOB out of the Mo. River market today. Sellers still holding material late in the week were forced to take a discount to evacuate their supply ahead of the holiday break.

Porcine MBM continues to be well valued versus soybean meal, which has attracted plenty of export interest. The export interest has helped to push the relative price of porcine MBM above the prior three year average to soybean meal, although prices are no…