05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Hog slaughter finished last week at an estimated 1.74 million head, down 15 percent from a year ago levels. The slaughter is forecast to trend lower over the next six weeks, projected at 2.12 million head this week and to 2.53 million head on the week ending February 6th. The next six weeks are forecast at an average of 2.47 million head per week, down 4.9 percent compared to year prior levels and down 2.2 percent compared to the prior six week average. The lower production figures should mix with the higher…