Cattle slaughter finished last week at 638,000 head, down 3.17 percent from a year ago and down 0.78 percent relative to the year prior. Cattle slaughter is forecast lower over the next six weeks at an average of 643,300 head, down 0.8 percent from 2019 levels and 0.7 percent from the prior six weeks. The Thanksgiving holiday week represents a big drop, falling to a projected 575,000 head. The reduced production and continued favorable pricing relative to…
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...