The protein markets were quiet to start the week and close out the month.
Hog slaughter finished last week at an estimated 2.66 million head, up 8 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.55 million head this week and to 2.78 million head on the week ending October 10th. Over the next six weeks, slaughter is forecast to average 2.3 percent above 2019 levels and 2 perecent above the prior six weeks. The additional production adds negative price pressure to the porcine bloodmeal and MBM markets. The low prices currently in play may be low…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...