Market Activity

Ruminant MBM prices continue to trade higher as strong demand is driving values higher in a few markets. Soybean meals strength this week, as well as the potential supply contraction on DDGS, is helping push values higher as well. March has historically been the most consistent month in terms of a price increase relative to the month prior. Ruminant MBM prices out of the Texas Panhandle market have increased relative to February every year since 2001. While 2020 is…