The protein market was quiet today on sideways trading. Sources have suggested that buyers are watching the prices of soybean meal continuing to climb and gearing up for bigger animal protein inclusions after the reformulations that pushed more material into the spot market over the last three weeks.

Porcine bloodmeal was lower again this week as sellers continue to discount material to keep product moving. Historically, values have decreased heading into the summer months. Over the last five years, the price in May has increased relative to April, twice. In 2018 the market increased $486.28, on average, from April. Excluding that…