Animal fat prices were steady to start the week.
Hog slaughter finished last week at an estimated 2.68 million head, up slightly at 0.17 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.7 million head this week and to 2.8 million head on the week ending December 12th. The next six weeks are forecast out 1.4 percent over the prior six weeks and 0.5 percent over 2019 levels. The additional supply adds risk…
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...