Spot prices were unchanged to higher last week in a market driven by short flour mill runtimes that created tight supplies even as high prices pushed some buyers to reduce inclusion rates or delete millfeed from formulas altogether. Flour grind continued to be well below the typical spring pace due to upended consumption patterns during coronavirus lockdowns that decimated foodservice business. Still, sporadic increases in grind took the edge off millfeed markets and allowed buy-side panic to subside. Traders at times pulled from atypical origins, such as Southwest loads moving north to Iowa.
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