Hog Slaughter Up 11 Percent

Hog Slaughter Up 11 Percent

Renderer and packer bleachable fancy tallow (BFT) were offered lower on Friday afternoon and again today with no bids or trading reported as of press time. Technical tallow traded steady late Friday afternoon at Chicago pricing.

Hog slaughter finished last week at an estimated 2.137 million head, up 2 percent from the week prior and the highest weekly total since the week ending April 18th. Slaughter over the next six weeks is expected to increase to an average of 2.171 million head, up 11 percent compare to the prior six weeks and down 6 percent relative to last year. The increased production has driven prices lower over the last couple…

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