Please Note – The Jacobsen offices will be closed on Monday, May 31st for the Memorial Day holiday. 

Meat and bone meal (MBM) prices were higher this week for both porcine and ruminant material. Strong export and pet food demand continues to propel the porcine MBM market higher, the Missouri River weekly average is up 4.2 percent compared to the week prior. Ruminant prices FOB Mo. River are up 1.8 percent compared to last week. Some of the lower priced mixed-species material has traded higher, narrowing the price range.

Feathermeal and ruminant bloodmeal were steady, porcine bloodmeal averaged slightly lower compared to the week prior. Porcine bloodmeal was down $5 or 0.5 percent from last week. Feathermeal continues to trade in a wide range due to export difficulties and pockets of increased, spot availability. Soybean meal prices averaged lower this week,…