Trading was sideways on most products today with the exception of the Eastern ruminant meat and bone meal market. Prices were down $5 on average with lower priced material working into the East and Southeast from the Midwest.

There are indications of down pressure on ruminant blood meal, which is not surprising given the drop in porcine blood meal prices. Over the last three years, porcine blood meal has averaged a $26.41 premium to ruminant bloodmeal out of the Missouri River market. For April that premium increases to $83.03, porcine blood meal out of the IA/MO/NE (which is the…