Ruminant bloodmeal traded higher late Monday and on Tuesday December 10, up to $1,200 per short ton FOB Missouri River.
The move comes due to increased demand and expectations from the trade for tighter supply going into the holiday weeks.
The potential for tariffs on synthetic lysine could partially be contributing to the stronger demand for bloodmeal across all species, and higher Class III Milk futures — up by 5% on the Chicago Mercantile Exchange since the start of December — are also lending strength to the market.
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