Trading was mostly quiet today, but there was early week trading of choice white grease. With kills at 490,000 head today and at 2.73 million for last week, it’s reasonable to expect supply side pressure to weigh on nearby prices.
Cattle slaughter finished last week at 637,000 head, down 1.74 percent from a year ago and down 4.21 percent relative to the year prior. Slaughter is forecast to move gradually higher over the next six weeks. This week, slaughter is projected out at 640,000 head, down…
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...