Ruminant MBM prices were mostly flat today on an FOB basis but did trade lower into the AL/GA and Eastern markets. Feathermeal prices were similarly flat with the exception of Mid-South trading, down $12.50 on an FOB basis. Sellers in some regions are struggling to hold price firm due to the downturn in soybean meal market. Reports of reformulations are increasing and with more of April falling in the nearby window, the risk of lower prices is expected to persist in the near term. The one…