Steer prices are lower from yesterday’s levels, to close the week. The Chinese Lunar New Year holiday starts February 11th, but tanneries have already started to shut down. Today, there was a small volume of sales to China and Korea, but most future offers were reportedly at steady, or slightly lower, than current trading levels.
Week-Ending Slaughter
The week’s estimated cattle slaughter was 653,000. The previous week’s kill was 657,000 and the corresponding week last year it was 638,000. Year-to-date slaughter at 2.682 million is down 7.1% from 2018.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...