05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Today’s Market
Trading was quiet in the market today to close out the week with hide prices unchanged. Price direction was consistently higher this week and the overall tone remains firm.
Week-Ending Slaughter
The week’s estimated cattle slaughter was 651,000. The previous week’s kill was 645,000 and the corresponding week last year it was 650,000. Year-to-date slaughter at 23.505 is down 4.3% from…