Trading in the animal proteins market was quiet to start the week. A big winter storm is likely to cause plenty of logistics issues in the Midwest over the next 24 hours with big snowfall and ice accumulation expected in Nebraska through Ohio.
Cattle slaughter finished last week at an estimated 657,000 head, up 1 percent from the week prior. Slaughter is forecast to fall over the next six weeks, estimated at 650,000 this week and down to a low of 620,000 head the week of February 20th before climbing back up to 635,000 the week of…
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...