Ruminant MBM traded steady out of the Mo. River market today with nine loads reported at $235. Trading elsewhere was quiet to wrap up the week with most looking ahead at next week.
Broiler slaughter is continuing along at a strong pace this year, up 1% compared to a year ago. The export market has been the major driver of price this year, pushing big volume out of the interior market. If those exports slow, whether by demand or perhaps increased competition from Europe, the lack of disappearance combined with heavier kills could explain the lower prices.
The monthly broiler slaughter is shown as an average for 2009 – 2014 and 2015 – May 2017.
Please contact Ryan Standard at [email protected] or 563.223.9021 with any questions, comments or trading.
Broiler-fryer slaughter under federal inspection for 16-Jun-17 and 17-Jun-17 is estimated to be 34,744,000 head up 1.62 percent from a week ago and up 4.4 percent from a year ago.(Last week 34,189,000, last year 33,264,000)
Weekly broiler-fryer slaughter under federal inspection for the week ending 17-Jun-17 is estimated to be 168,331,000 head up 2.09 percent from a week ago, and up 3.80 percent from a year ago.(Last week 164,892,000, last year 162,161,000)