Minimal Slaughter & April 16 Export Sales

Minimal Slaughter & April 16 Export Sales


Market Activity & Analysis

The Jacobsen Hide Index on Friday closed at $15.26 compared to $15.34 Friday the week prior. Big packer steer quotes included HNS from $25, BBS from $18 to $23, BS at $13, and CBS at $17 and HTS at $18 FOB plant. 

The Week’s Slaughter Forecast

The Jacobsen slaughter forecast for this week is 500,000 head, and if realized, will be 172,500 head less the same week last year when it was 672,500. Packer beef margins for the week were a record positive $579.16 per head versus a positive $343.61 the week before according to HedgersEdge.com. 

Cattle slaughter finished last week 465,000 head, down 28 percent from a year ago and 7 percent relative to the year prior. Slaughter is forecast to rebound in May after the lower numbers in April. Over the next six weeks, slaughter…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

06.25.2020

Leather Prices: USDA Cure Hide and Wet Blue Export Sales Recap

06.10.2020

US Auto Exports During April 2020 & the Recession

06.08.2020

Cattle Slaughter Forecast

Latest News

04.14.2020

Podcast: Feedstocks to Biofuels Market Intelligence Weekly Webinar

02.11.2020

Small Refinery Exemptions

Blog

07.07.2020

Quality Management Systems

Latest Tweets

Chase Hubbard is on Thursday's discussion of The ‘Lo Down: Real Talk With Hemp Farmers. We’re going over the hemp marketplace with a fine-tooth comb, from pricing to ... forecasting, commoditization challenges, policy and much more #cbd #hempfarming https://www.instagram.com/p/CBDjGLSBXdb/

Webinar on 2020 Organic Corn and Soybean planting survey results, presented tomorrow. https://us02web.zoom.us/webinar/register/WN_tq4BSybeQ-K8lw8yE5vBjA #organic #organicfood ... #grain #corn

Load More...