The Jacobsen Hide Index on Friday closed at $14.25 compared to $14.21 Friday the week prior. Big packer steer quotes included Heavy Native Steers (HNS) from $26, Butt Branded Steers (BBS) from $19.50 to $20.50, Branded Steers (BS) at $13, and Colorado Branded Steers (CBS) at $11 and Heavy Texas Steers (HTS) at $15 FOB plant.
Week-Ending Slaughter
The week’s estimated cattle slaughter was 664,000. The previous week’s kill was 593,000 and the corresponding week last year it was 658,000. Year-to-date slaughter at 16.516 million is down 5.6% from 2019 levels.
The Week’s Slaughter Forecast
The Jacobsen slaughter forecast for this week is 660,000 head, and if realized, will be 4,600 head more…
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Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
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Sausage casings bulletin, January 10, 2025
Runner market commentary
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