MBM Prices Well Valued Versus Soybean Meal

MBM Prices Well Valued Versus Soybean Meal

Trading was quiet to close out the week with no trading reported. Bloodmeal prices were indicated higher for next week, but no offers or bids were officially out today. MBM prices were also indicated higher for next week but again, there were no firm bids or offers in the market. October soybean meal prices are up 7 percent over the last week, which is supportive of higher prices in the near term. The prior three year average for ruminant MBM FOB Missouri River to nearby soybean meal for September is 77 percent, which implies a market value of $240.50 when applied to today’s soybean meal price. Applying the prior three-month (June – Aug) average relative price of 59 percent to today’s soybean meal price implies a value of $184.

Figure 1.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets