The market was mostly quiet on Thursday for animal proteins, keeping most prices rangebound for the day. Porcine bloodmeal FOB Indiana, as well as meat and bonemeal both moved up $25/st on Thursday. Sources stated active demand paired with diminished offering levels contributed to the move higher.
February Cattle Simulator
*The values presented below are obtained from the USDA Cattle Simulator, which are averaged for the regions and are fob not delivered. They do not consider freight for further shipments, costs of water being transported to regions in severe drought, and overall shortages of grains. Information is taken from both the WASDE and the Livestock, Dairy, and Poultry Outlook reports and compiled.*
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