01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
Notice
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.
Market Activity & Analysis
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…