Cattle slaughter finished last week at 656,000 head, down 2 percent from a year ago and nearly flat with the week prior. This week, slaughter is projected out at 650,000 head, down 3 percent from last week. Over the next six weeks, slaughter is forecast at an average of 640,000 head, down an average of 0.2 percent from last year and up 9 percent compared to the prior six week average. The continued strong supply is going to keep negative price pressure on the market, but low prices should start to cure low prices by way of increased inclusion rates in July and an increase in export demand.
Figure 1.
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...