Broiler Slaughter Projected Higher

Broiler Slaughter Projected Higher

Ruminant MBM prices were lower into the AL/GA and Eastern markets today. Cheaper material from the Midwest has pressured the delivered values lower into the AL/GA and Eastern markets. Porcine MBM was flat with yesterday’s trading range. Low relative prices and heavy supplies are balancing the market at the moment with little indication of prices sinking, or rising, in the very near term.

Feathermeal prices have been steady this week, but there are indications of higher prices in the near term. Broiler slaughter is expected to rise over the next six weeks,…

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