Market Activity

Trading was mostly quiet to start the week. Yellow grease did trade as high as $0.1900 late Friday. 

Hog slaughter finished last week at an estimated 2.558 million head and is expected to finish the next two weeks at a relatively flat pace at an average of 2.550 million head. The holiday slump will pull cut back production by approximately 800,000 head during the Christmas and New Year holiday break. Post holiday slaughter is expected to resume to the…