Hog Slaughter Forecasted for Seasonal Decline
Protein prices were steady this afternoon with the markets unchanged. Demand remains strong from the feed and pet food sectors.
Hog slaughter finished last week at an estimated 2.79 million head. If the 2.79 million head are realized as actual, it will be the third highest weekly production number on record. The weeks ending Dec 7 and Dec 21 of 2019 were the highest, with production over 2.8 million head. The Jacobsen…
07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...