Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a low of $900 per short ton (st) and a high of $1250/st on IA/MO/NE. However, the majority of trading, both in terms of tonnage and buyers/sellers, was in the current printed price $1050-1150/st. With this significant drop throughout the week, the weekly average was at $1,197.50/st, a 5.82%, or $78/st, drop from last week’s average.

Ruminant BM fob Mo. River moved lower, down 11.32%, or $137 per short ton (st), on the weekly average.

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