Hog Slaughter Projected Higher Into Holiday Weekend

Hog Slaughter Projected Higher Into Holiday Weekend

Hog slaughter finished last week at an estimated 2.098 million head, down 11 percent relative to a year ago and up 18 percent compared to the week prior. Production is expected to increase over the next six weeks, averaging 2.225 million head. While production increases relative to April and early May are anticipated, the longer term outlook is for numbers to trend below 2019 levels. The increased…

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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