Softer Tones for Both Porcine and Ruminant MBM MR

Softer Tones for Both Porcine and Ruminant MBM MR

Missouri River FOB regions with accounts of adequate to fully adequate availability in the market. A flat call was noted for the rest of the items on the bulletin today with reports of lighter activity when compared to the prior two days. The most recent report to African Swine Fever (ASF) in the Dominican Republic late yesterday has led to unsettled tones and heightened uncertainties of some participants in the market. 

Porcine bloodmeal (PBM) is currently trending firmer for the month of July with a four percent increase since the first week of the month when pricing was at $1028/ST. The Missouri River FOB market is currently showing a monthly average of $1065.79/ST as well as reports from participants of thin to short offerings at locations. The current July monthly average is a 94 percent increase year-over-year as well as a 57 percent increase…

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