Hog slaughter finished last week at an estimated 2.45 million head, up half a percent from year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.5 million head this week and to 2.4 million head per week, through the week ending July 25th. The upswing through July is expected to drive the next six weeks to an average of 3 percent over 2019 levels, a sign that production issues have normalized. The increased…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...