Commentary:

A good amount of trading in both the ruminant and porcine MBM market today.  Animal protein prices continue under pressure, as the price of feather meal and pork meal seem to be battling for a place in feed formulations.   Ruminant MBM In the Midwest traded today in a small range from $365 to $370 FOB.   In the Panhandle the range for ruminant MBM was much wider with the low end of the range at $347 and the upper…