Market Activity

Trading was mostly quiet to close out the week. There was some ruminant MBM trading done at $240 out of the Mo. River market today. 

The average price for ruminant bloodmeal FOB Mo. River moved up by $10 compared to September, finishing October at $556.52. Over the last six years, ruminant blood meal has increased in November relative to October half of the time. In 2017 the market saw a $15 upswing. Sellers continue to try to push prices higher given…