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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04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
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