Trading was very quiet to start the week with no action reported.
Cattle slaughter came in at an estimated 562,000 head last week, up 2.7% from the same week in 2017. Kills are forecast to increase steadily over the next six weeks as packers move the heavy number of animals in the feedlots through the slaughterhouses. Slaughter is estimated to run 4.3% ahead of the same time period in 2017 which is an average of 655,100 head per week through the week ending…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...