Market Activity

Trading was very quiet to close out the week.

Porcine MBM has traded sideways this week with plenty of action seen in the $220 – 240 range, but volume at the bottom and top ends out of the Mo. River and Eastern/IA markets. Sellers have tried to push prices higher based on the forthcoming holiday slowdowns, but ample supplies in both the porcine and ruminant markets have stymied those efforts. A price increase into January doesn’t seem likely at this juncture…