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…
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...