Hog slaughter finished last week at an estimated 1.533 million head, the lowest weekly total in our weekly record going back through 2010. Slaughter is forecast at 1.6 million head this week, up 4 percent from the week prior but down 31 percent relative to year ago levels. Slaughter over the next six weeks is forecast at an average of 1.971 million head, down 12 percent from the prior six week…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...