Market Activity

There was a good volume of MBM trading this afternoon at steady prices, $380 – 385 FOB Mo. River for ruminant material.  The bulk of trading was done at the $380 level as prices are starting to drift lower. Ruminant trading was reported as high as $389 out of the Panhandle market.  May and July bean meal futures were off this afternoon at just under $5 and $6,…