Market Activity

Bloodmeal prices moved lower out of the ruminant markets with a flat $1000 reported FOB Mo. River and Texas Panhandle. Porcine trading topped out at $1100 FOB Indiana and $1050 out of the River market. Prices have trended well above the three year average for May and June, up $294 and $209, respectively. Through April, prices had been valued well under the prior three year average as well as the 2016 and 2017 markets. The question now becomes, how low will the…