Market Activity

Late yesterday ruminant MBM traded into the AL/GA market at $285 and $290, pushing the range down to a $285 – 305 delivered mark. Heavy supplies and a lack of access to the Eastern market have hurt the sellers this week, especially those looking to move material late on a Thursday.

Hog slaughter was off substantially today, impacted by Hurricane Florence. Kills were estimated at 402,000 head, down 16.4% from last Friday. Saturday slaughter is estimated at…