MBM Prices Flat, Shipping Issues Contribute to Quiet Trading Day

MBM Prices Flat, Shipping Issues Contribute to Quiet Trading Day

Meat and bone meal prices, both porcine and ruminant, were relatively flat today with limited changes reported. Sub-zero temps and plenty of snow have compounded an already difficult shipping environment and buyers seem to be getting a feel on immediate needs and gauging rail delays. Demand remains strong and the reversal in direction on the nearby soybean meal market is supportive of steady to higher prices in the MBM markets. Cattle and hog harvest numbers are forecast by…

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