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…
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...