Trading was reported sideways out of most markets today. Production remains strong for beef and pork products, but thus far prices have hung tight. Packer BFT was offered out of the September position steady this afternoon and was untraded as of press time.
Yellow grease prices were steady today with no changes reported. Price direction has been suggested in all directions over the last few weeks, with most fairly bearish on the nearby market. The…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.