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…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...