Market Activity

The ruminant MBM market was lower out of the Mo. River, topping out at $240 FOB today. Trading in the IL renderer market was down to $205. Trading in the porcine market was quiet today, but sources have reported lower bids for both porcine and ruminant material.

Hog slaughter was down %0.007 in April compared to April of 2016, but the total 2017 slaughter is running 2.3% YTD above the 2016 total for Jan – first week of May. Compared to the 2009 – 2014…