Trading was quiet to start the week with no changes in the animal protein market.
Cattle slaughter finished last week at a robust 654,000 head, up 1.7 percent from a year ago and up 2.7 percent relative to the year prior. Slaughter is projected to trend slightly higher over the next five weeks ahead of the Thanksgiving holiday at 648,000 head before falling to 575,000 head the week ending November 28th….
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...