Market Activity

Action in the protein market was mostly quiet today as the week winds down and a number of players in Iowa for the Pork Conference or in Wisconsin for the Central Region NRA meeting. Porcine MBM prices were suggested in a very wide range today, $265 – 400 FOB Midwest. Nearby availability has gotten tight for a few sellers with long positions into the export market, but there remains a few sellers holding and offering material in the lower half of the $300’s. With…