Poultry fat prices moved lower into the Eastern markets today as pressure from heavier supply in the AL/GA market has pressured prices in that region lower. Increased production has added to the negative price pressure as well. Broiler slaughter is forecast to increase over the next six weeks, eventually surprising 2019 levels after the July 4 break. Broiler slaughter is forecast at an average of 166 million head per week over the next six weeks, up 4 percent relative to the prior six week average and down 1 percent compared to…
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...