Market Activity

Trading was up on the porcine MBM market, was high as $340 this afternoon in good volume out of the Mo. River market. Given the good ratio to SBM, it’s not surprising to see the week start with strength. Ruminant blood meal traded at $1550 FOB Mo. River. 

The weekly average for ruminant MBM saw a $12 from the week prior as a very favorable relationship to soybean meal has caused feed mills and blenders to up their intake. Sources have reported strong…