Market Activity

Heavy hog kills continue to pressure the porcine MBM market lower. The bottom side of the Mo. River and Eastern IA/IL market fell $5 and trading out of the Carolinas was down $20.

Poultry products are tight due to strong export demand and pricing was firm today. Pet grade poultry meal looks to increase in value in the coming weeks as exporters continue to search the interior for spot loads, thus tightening up the domestic supply and pushing prices higher….