Market Activity

Trading moved higher on ruminant MBM out of the Mo. River and Panhandle markets, $210 – 250 FOB. Given the continued strength in the soybean meal market it’s reasonable to expect prices to continue to rise not just in the coming weeks, but by the end of this week.

Porcine MBM was higher, $260 – 300 with good volume reported in the $280 – 300 range FOB Mo. River and Eastern IA/IL. The bottom side of the Carolinas market was up $5 to $265. Indiana trading was…