Porcine meat and bone meal (MBM) traded lower out of the IA/MO/NE market today, down to a low of $400 per ton FOB. The sales were for nearby material and sellers have said that anything beyond a two-week window has been a hard sale. 

The high price relative to ruminant MBM and soybean meal, as well as weak demand from the export market, have all weighed on the price. Ruminant MBM did trade higher out of the Panhandle market today, up to an average of $300 per ton FOB. 

…