Trading was quiet to start the week.
Hog slaughter finished last week at an estimated 2.3 million head, down 11.7 percent from a year ago levels and down 6.1 percent from the week prior. Slaughter is forecast to trend higher over the next six weeks, projected at 2.65 million head this week and to 2.78 million head on the week ending October 24th. The hog harvest is expected to average 2.738 million head over the next six…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.