Trading was quiet in the protein market to start the week, but higher prices are expected as buyers continue to reach for feed ingredients in the face of tightening supplies. Hog slaughter is forecast at 2.175 million head this week, down 2 percent from last week and 7 percent from last year’s levels. Slaughter over the next six weeks is forecast at an average of 2.283 million head per week, down 11…
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...