Hog slaughter finished last week at an estimated 2.71 million head, up 0.57 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.73 million head this week and to 2.8 million head on the week ending December 19th. The next six weeks are forecast out at an average of 2.708 million head, which is up 1 percent from the prior six week average. The increase is significant considering the Thanksgiving holiday is factored into the forecasted average over the next six weeks….
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...