Ruminant MBM traded lower today with a lot of action seen in the $150 – 160 range for pure beef material out of the Missouri River and Panhandle markets. Porcine prices are steady, but the increasing hog slaughter adds risk to the market for lower prices in the near term.

Feathermeal moved higher out of the Mid-South market and tightness coming off of the holiday coupled with projections of slowing, Saturday production has helped to push prices higher. Through the first half of the month, Mid-South feathermeal has an average of $248.50, which would be the lowest monthly average for July since 2006, when the average…