Market Activity

It was a fairly quiet day in the protein market with only light trading reported at steady levels out of the Mo. River ruminant MBM market. Porcine MBM traded as low as $300 FOB Mo. River. The story remains the same, pressure on nearly everything but blood meal. Those sellers who reported the market as ”quiet” did so with some relief as many continue to expect lower prices for each, next position.

Figure 1.

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