Market Activity

Ruminant MBM prices continue to slip with lower trading reported in a number of markets today. Sellers are reporting resistance from the buy side with cheaper cash SBM and other products, particularly in the south and southeast. Reports of lower offers on both ruminant and porcine MBM have been frequent at the sub-$300 level, but there is still good volume trading in the $320 range.

Ruminant blood meal traded in a wide range FOB Mo. River today, $720 – 900…