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…
05.08.2024
May STEO forecast, 2024 RVOs
The Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) showed a decrease in 2024 fuel consumption estimates. This lowered renewable fuel blending estimates for the year, leading to...
05.08.2024
DCO production falls, Gulf UCO trades higher
Used cooking oil (UCO) traded at 41.5 cents per lb delivered US Gulf on Wednesday May 8, up 1.5 cents per lb from the last reported level. UCO was...
05.08.2024
Porcine meat and bonemeal lower on diminished interest
The majority of US animal protein prices were steady on Wednesday May 8. Most values reported were within the previously set ranges, with exception to porcine ruminant bloodmeal on...