Market Activity

Ruminant MBM prices firmed out of the Mo. River market today, $235 – 260 and traded lower FOB PH at $230 -260. Trading into the East was reported as high as $325. Sources have reported that demand is strong, particularly from the blend sector. Buyers are paying up in order to secure material in a short, holiday week and it wouldn’t be surprising to see higher values by the end of the week.

Cattle kills continue to be strong with 118,000 head estimated for…