Ruminant Bloodmeal Prices Turn Lower

Ruminant bloodmeal values moved lower yesterday, trading in a range of $900 – 1000. The limited production injects risk for higher prices in the near term, but some sellers have taken a conservative pricing approach in an effort to keep their place in rations. At present, the monthly average ruminant bloodmeal price for the Mo. River is $150 over the prior three year average. Using the parlance of the moment, sellers may be trying to flatten the…