Market Activity

Ruminant MBM traded in a range of $175 – 200 FOB Panhandle today. Sources commenting on other markets suggested that offers are out higher, but buyers are taking a wait and see approach. Much of the conversation today was centered on the election and tomorrow’s WASDE report.

Feathermeal trading did move higher out of the Mid South, $340 – 350. Trading elsewhere was reported sideways. Poultry meal prices were also reported steady, but sources did comment that…