Cattle slaughter finished last week at a robust 664,000 head, percent up .9 from a year ago and up 12 percent relative to the week prior. Slaughter is forecast to move higher over the next six weeks. This week, slaughter is projected out at 660,000 head. Over the next six weeks, slaughter is forecast at an average of 662,000 head, up 3 percent from the prior six weeks and 2 percent over year prior levels. The strong production levels continue to add risk for lower prices to the…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...