Please note that Chloe Krimmel will be out of the office through Wednesday July 24. In her absence, please contact Ryan Standard.
Ruminant blood meal traded higher on Tuesday July 23, up to a high of $1,055 FOB Missouri River. Porcine and poultry blood meal were reported steady with the previous ranges.
Ruminant meat and bone meal (MBM) was traded steady, with pure beef MBM indicated at the top end of the range and with one source saying that pure beef MBM is “hard to find” in the spot market.
Porcine MBM did trade lower on Tuesday, down to $325-365 per ton FOB Missouri River.
Sources indicated that buyers have been pushing back on the higher end of the range, mostly due to the high price of porcine MBM relative to soybean meal (SBM).
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