Quiet Tone for Tuesday; Pasture and Range Conditions Mixed

Quiet Tone for Tuesday; Pasture and Range Conditions Mixed

Trades on animal proteins for the day were indicated as generally steady with most participants communicating a quiet start to the week. Feathermeal, which was reported as lower on soybean meal volatility saw the most adjustments on the day. Porcine bloodmeal as well as meat and bonemeal saw range variations in the Mid-Atlantic on accounts of limited offering levels and active demand. Several contacts stated out front trades are in progress with the upcoming 4th of July holiday weekend, tightening offering levels on spot trades.

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