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…
11.21.2024
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
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
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...