The market was active for a Monday with choice white grease and edible tallow trading lower into/through the Chicago market. Packer BFT traded steady in eight rail cars on a Chicago basis. There was additional choice white trading at the lower end of the range in light volume.
Hog slaughter finished last week at an estimated 2.68 million head, down 1.3 percent from a year ago levels and 1.5 percent from the week prior. Slaughter is forecast to ramp up ahead of the Thanksgiving break, averaging 2.735 million head per week over the next five weeks. Slaughter is…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...