Market Activity

Despite the bean meal market taking a breather this week, ruminant MBM prices continue to advance. Trading out of the Mo. River market was reported as high as $275 FOB this afternoon. Panhandle action was higher as well, $235 – 265 FOB. Dal/Hou action was up $10 to $240. Porcine material traded higher as well, $320 – 360 FOB Mo. River and Eastern IA/IL. Despite the strong kills, material…