Market Activity

Ruminant MBM values moved higher into the AL/GA and Eastern markets, $290 – 300 delivered. Bean meal values settled higher again today with the March contract ending the day at $378 and the May at $381. Those values give the Mo. River ruminant MBM market high a relative value to soybean meal of 66% and  65.6%, respectively. Porcine trading was sideways this afternoon. There is plenty of reason to expect prices increase in the coming weeks with, again, favorable…