Cattle slaughter is forecast at an average of 648,800 per week over the next four weeks ahead of the Thanksgiving break, which is 2 percent under year-ago levels. Slaughter is expected to remain under year-ago levels over the next six weeks at an average of 640,000 head, down 1.1 percent from last year and down 1.4 percent from the prior six week average. While the production is expected to trend under the prior year’s levels, production is still strong at numbers well over 640,000 head. The trend…
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...