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….
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...