Market Activity

Trading was quiet to start the week, but plenty of action prepping for buying and selling. Poultry and feather meal offers are likely to come out higher tomorrow with sellers seeing good demand and still limited supply post holiday.

Hog slaughter took a sharp drop during the holiday break, falling to 1.89 million head for the week ending December 28th. Slaughter was up to close out last week at an estimated 2.26 million head, 20% higher than the week prior…