Trading in the protein market was flat today with no changes reported. The resumption of trade into Indonesia has helped push offers higher on pockets of pure beef MBM, but thus far the bulk of domestic trading for ruminant MBM has been steady.

Through the first two weeks of August, porcine MBM out of the Missouri River market has averaged a relative price of 71 percent to nearby soybean meal. The prior three year average for August is 91 percent and for September, 87 percent. The low,…