Market Activity

It was a very quiet day in the protein market with no changes reported.

Porcine blood meal prices have improved in December, duplicating the trend seen in prior years. At the mid-month point, the monthly average for Dec is up 4.7% relative to November. This is substantially less than the three-year average of a 32% increase from Nov to Dec and 14% for the five-year average. Given the glut of protein on the market this year and the mass exodus about to take…