MBM Prices Move Higher

MBM Prices Move Higher

Ruminant MBM prices moved higher today. Sellers have been able to leverage the higher soybean meal prices and steady demand into higher prices for both ruminant and porcine material. Ruminant trading was reported as high as $225 FOB, but the bulk of material traded at lower numbers. Offers are out higher on delivered material into AL/GA and the Eastern market, but thus far, price increases were limited to $5 into the Eastern buyers.

Feathermeal values moved…

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