Australia
Kill numbers remain high, almost hitting 170,000 last week for all of Australia. West Coast slaughter (Queensland, New South Wales, Victoria & South Australia) was at 161,444 from 159,581 the week prior. Kill the same week last year was 132,557. Good US economic news has prompted Australian currency to fall below 77 cents, helping exporters. This has not significantly helped meat demand which remains weak as…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...