Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher with both porcine and ruminant meat and bonemeal (MBM) prices up on a weekly average basis.
The ruminant MBM FOB Missouri River market was up 1.3% and the porcine MBM market FOB Missouri River was up 1.2% from the prior week’s average. Porcine bloodmeal is up by 12.8% since January 31 and ruminant bloodmeal is up by 8.4% in the same comparison.
Strength in the pure beef MBM market helped to boost the average for the ruminant market while increased demand for porcine MBM gave that market a rise.
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Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...