Market Activity

MBM trading was lower out of the Dal/Hou market for ruminant product today, $205 – 215. Mo. River trading saw pure beef material traded in light volume in a range of $200 – 220. Supply looks to continue to be heavy over the next couple of weeks.

Porcine trading moved lower out of the Eastern IA/IL and Mo. River markets with a floor of $200 and $210, respectively. The relative price of porcine MBM Eastern IA/IL to nearby SBM is at tis’ lowest level since…