The Jacobsen Hide Index on Friday closed at $14.28 compared to $14.17 Friday the week prior. Big packer steer quotes included HNS from $23.50, BBS from $19.50 to $21.50, BS at $13, and CBS at $13 and HTS at $15 FOB plant.
The Week’s Slaughter Forecast
The Jacobsen slaughter forecast for this week is 565,000 head, and if realized, will be 12,800 head less the same week last year when it was 577,800.
Cattle slaughter finished last week 680,000 head, up 1 percent from a year ago and down 4 percent relative to the week prior. Over the next six weeks, slaughter is forecast at an average of 642,500 head, up an average of 4 percent from the prior six weeks and up 1 percent compared to last year.
Figure 1.
…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...