Feather meal prices rallied this week, topping out at $550 per ton FOB Mid-South. Strong exports and good demand from the fertilizer sector have helped to push the market higher. January has historically been a strong month, increasing four of the last five years relative to December. February has typically slowed, up three of the last five years relative to January.
Broiler slaughter over the next six weeks is forecast at an average of 166.7 million head per week, up 7.7 percent from the prior six week average and down 2.4 percent compared to year prior levels. The increase coming off of the holiday slowdowns is expected to add additional supply to the market. There…
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...