Hog slaughter finished last week at an estimated 2.658 million head, down 1.4 percent from last year and down 2.9 percent from the week prior. Production is forecast to trend lower into March, averaging 2.6 million head per week. Production is forecast down 0.9 percent from 2020 levels. The slower production adds some risk for higher prices to the market, but the main catalyst to higher prices through January has been the soybean meal market. Soybean meal prices moved lower last week and were marginally down today on the March contract. The negative tone in bean meal…
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
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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...