Hog Slaughter Forecast Higher

Hog Slaughter Forecast Higher

Hog slaughter finished last week at an estimated 2.6 million head, down 2.15 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.65 million head this week and up to 2.75 million head on the week ending November 14th. The next six weeks are forecast an average of 6.5 percent over the prior six weeks and 0.1 pecent under last year’s slaughter. The increase in slaughter adds risk for lower prices to the choice white grease market….

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

Latest Tweets