Protein Prices Continue to Rise on Uncertainty and Tighter Supply

Both ruminant and porcine MBM prices moved higher today with tight supplies creating a “name your price” environment. Offers for porcine material were out at and above $400 FOB Missouri River today. Strong pet food demand and big export interest have contributed to the higher prices as well.

Ruminant bloodmeal did trade lower today, $900 – 1000 FOB. Sellers have suggested that higher prices are possible due…