Hog slaughter finished last week at 2.738 million head, up 3.7 percent from the week prior. The forecast for this week is for 2.65 million head before falling to 2.6 million head next week. Slaughter is projected to averaged 2.592 million head over the next six weeks, down 1.7 percent from last year and up 4.2 percent from the prior six week average. A massive winter storm is expected to dump heavy snow across much of Iowa and parts of Illinois today, which could further disrupt the hog numbers this week, as…
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...