Trading was quiet to start the week.
Cattle slaughter finished last week at 633,000 head, down 2 percent from a year ago and down 0.7 percent relative to the week prior. This week, slaughter is projected out at 640,000 head, down 2 percent from last week. Slaughter is forecast to move higher over the next six weeks, forecast at an average of 643,000 head, up an…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...