Feathermeal Market Steady

Feathermeal Market Steady

Feathermeal prices were quiet today with little trading reported. Prices should see support at these levels given their relative value to soybean meal. Historically, feathermeal FOB Mid South has moved lower more often than not in June relative to May. Over the last five years, prices in June have increased relative to May 40 percent of the time. When referencing the last ten years, prices have increased 50 percent of the time. It’s reasonable to expect a quiet market heading into the holiday weekend and additional protein…

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