A healthy amount of rain across the Eastern States and concerns about getting beef out of Australia have dramatically slowed cattle slaughter over the last few weeks. The MLA reported Eastern States production at 59,133 head, the lowest non-holiday weekly total in several years. A number of plants across Australia have slowed to three-day processing weeks and some lamb processors have shuttered plants outright. Young cattle prices are skyrocketing as…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...