Market Activity

Feathermeal prices moved higher today with sellers seeing tight supplies meet steady demand.

Both flavors of MBM traded sideways today with no changes reported. Strong production for both cattle and hogs are keeping the markets well supplied with materials. Thus far the government shutdown has not had an effect on delaying exports via certifications. The year 2018 marked the lowest relative price to SBM for ruminant MBM Mo. River on record, when looking at…