Increased Slaughter Adds Risk for Lower Fat Prices

Increased Slaughter Adds Risk for Lower Fat Prices

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…

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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