Broiler slaughter is forecast at 169.2 million head this week before reaching a projected peak, next week, at 171.7 million head. Over the next six weeks broiler slaughter is forecast to decrease, averaging 164.4 million head per week, down 3.9 percent from 2019 levels and down 0.7 percent from the prior six week average. The slower production, buying ahead of the holiday break and higher soybean meal prices help to explain the…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...