Big Drop In Ruminant MBM, Blood Meal Production Expected

Big Drop In Ruminant MBM, Blood Meal Production Expected

Cattle slaughter finished last week at 665,000 head, down 0.2 percent from a year ago and down 0.3 percent relative to the year prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 660,000 head, down 1.3 percent from last week. Over the next six weeks, slaughter is forecast at an average of 580,800 head, down an average of 9.5 percent from the prior six weeks. With production interuptions expected to close out the year, it’s…

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05.10.2024

2024 RIN Dashboard April Edition

2024 RIN Dashboard April Edition

Renewable Identification Number (RIN) generation has been strong during the first quarter of 2024. The original 2024 mandate was based on fuel assumptions that have since changed. ...

05.10.2024

UCO tariff rumors spark bullish sentiment; traded volume quiet

UCO tariff rumors spark bullish sentiment; traded volume quiet

Distiller’s corn oil (DCO) traded higher at 43 cents per lb delivered Manly, Iowa on Friday May 10, with trading also done at 41.5 cents per lb FOB Missouri...

05.10.2024

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

US animal proteins were steady to lower week on week for the week to Friday May 10. Only light trade was reported for the second half of the week,...

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