Ruminant MBM prices moved lower today as demand at the high end of the range has eroded. Mixed species MBM is trading at the lower end of the range and there is risk for wide spreads in the near term with pure beef material consistent in the $300 – 320 range. Porcine MBM fell as well today, cheaper soybean meal and increased supply has weighed on the market.

Feathermeal prices were reported in a wider range out of the Mid South and $10 lower on the bottom end of the Carolinas market. Like most markets…