Market Activity

Trading in the protein market was mostly flat today. Porcine MBM did trade as low as $225 FOB Eastern IA/IL. Illinois renderer MBM was down $10 from the previous high. Unless one has an imprimatur for the pet food or export markets, heavy supplies are making sales difficult.

Feather meal prices were sideways today, but the tone continues to firm. Good export demand is keeping values supported and the…