Market Activity

Ruminant MBM prices slipped out of the Mo. River and Panhandle markets this afternoon. Trading out of the Mo. River was done in a range, $207 – 230 and $190 – 230 FOB Panhandle. Sources have commented earlier in the week that they expected to see some strength due to the very favorable pricing compared to soy, but values had to drop in order for product to move. Trading was reported steady out of the Illinois market and up into the East. Trading delivered into the…