Used cooking oil traded higher out of the Illinois and California markets today and late on Friday. Yellow grease moved higher out of the California markets as well. Buyers continue to pay higher prices due to tight supplies of both products.
The US cattle slaughter finished last week at an estimated 653,000 head, up 2.4 percent from year prior levels and down 1.2 percent from the week prior. Cattle slaughter is forecast to trend lower over the next six weeks, averaging 638,800 head per week. The prior four-week average, coming off of the holiday break is 653,500 head….
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...