Market Activity

Ruminant MBM traded at $362 out of the Panhandle, down compared to yesterday but up $5 from last Tuesday’s low. Interest was reported between $360 – 365 for Mo. River material. Porcine action was done in a wide range, $360 – 400 FOB Mo. River with a good amount of trading done at $385 as well. Eastern IA/IL trading was reported between $370 – 380. With better numbers on porcine material, ruminant sellers are hoping for better prices. Cattle kills remain tight and if…