Market Activity

Trading was mostly steady on proteins today. There was some ruminant MBM trading that moved lower out of the River market at $190 FOB. Offers into Indonesia are up by as much as $50 compared to the last traded position, which is giving sellers the confidence to pass on most of the lower bids in the ruminant market.

Feather meal prices were sideways across the board today. Pet grade poultry meal continues to struggle under…