Market Activity

Ruminant MBM trading was up out of Mo. River market this afternoon,  $300 – 325. IL action was higher as well, $325 FOB. Porcine trading slid, topping out at $345 out of the Mo. River and Eastern IA/IL with action reported at $325 FOB Mo. River.

The USDA released monthly slaughter figures for July yesterday. Live cattle weights continue to run behind 2015 and 2016, but weights are up from May’s low of 1307. July slaughter was reported at 2,611,900 head,…