Trading was remarkably quiet today with no action reported. Much of the Midwest is bracing for a blast of cold air midweek. With temps forecast in the negative double digits and wind chills at -40 to -60 F there are sure to be issues with livestock and with logistics.
Hog slaughter is forecast to continue to ease lower over the next three weeks, averaging 2.433 million head per week, down from the prior three week average of 2.516 million head. Despite the…
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...