Market Activity

Four cars of tech tallow traded at $0.3200 Chicago, steady.

Hog slaughter fell 11% versus the prior year and 16.6% versus the prior week to close out the last full week of July. Some planned system upgrades took place at a few slaughter facilities, which bumped the national weekly total lower. Kills look to rebound this week with 2.3 million head forecast and an average of 2.38 million over the next five weeks. The hog numbers awaiting processing continue to…