Lexi Watts out of office July 28-31
Lexi Watts will be out of the office Tuesday, July 28 and will return on Monday, August 3. In her absence, please contact Ryan Standard at 773-322-5174 or [email protected] with any questions or trades to report.
The Jacobsen Hide Index on Friday closed at $14.10 compared to $14.26 Friday the week prior. Big packer steer quotes included Heavy Native Steers from $25, Butt Branded Steers from $19.50 to $21, Branded Steers at $14, and Colorado Branded Steers at $10 and Heavy Texas Steers at $15 FOB plant.
The Week’s Slaughter Forecast
The Jacobsen slaughter forecast for this week is 650,000 head, and if realized, will be 17,200 head less than the same week last year when it was…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...