Cattle Slaughter Tracks Closely to Last Year Levels

Cattle Slaughter Tracks Closely to Last Year Levels

The US hide market was fairly busy last week for buyers and sellers. Overall, hide prices traded sideways without many significant changes. Again, the main concern is the shipping issues overseas in Asia. The rise in cases have brought more lockdowns in tanning areas and the soon celebration of Chinese Lunar New Year have added to the uncertainty of transporting material through the area. 

The Jacobsen slaughter forecast for this week is 640,000 head, and if realized, will be 7,000 head more than the same week last year when it was 633,000.

Cattle slaughter finished last week 651,000 head, up 1.3 percent from a year ago. Over the next six weeks, slaughter is forecasted at an average of 621,700 head, up an average of 4.3…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.26.2024

East Coast renewable diesel supplies likely to decline: EIA

East Coast renewable diesel supplies likely to decline: EIA

Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...

12.26.2024

US animal fats and oils markets mostly stable, with movement only in CWG

US animal fats and oils markets mostly stable, with movement only in CWG

The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.

The only notable activity observed...

12.26.2024

Avian flu spikes in poultry, cattle sector at end of 2024

Avian flu spikes in poultry, cattle sector at end of 2024

US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.

US avian flu update
Year-to-date US poultry headcounts affected by...

Latest Tweets