The top side of the ruminant MBM market moved higher today, trading as high as $330 FOB Mo. River and Texas Panhandle. The lower end of the market was steady at $250. Mixed species material has been reported in a range of $250 – 280 with some above and below, but most fixed in that range. Pure beef 50 pro packer material is trading in a range of $300 – 330 FOB.

Through the first half of the month, the ruminant MBM market into AL/GA has averaged 90 percent of the price of nearby soybean meal. The prior three-year average for December is 86 percent and with the January contract up…