Trading was quiet to start the week. Hog slaughter finished last week at 2.675 million head, up slightly from last year and the prior week. Slaughter is forecast lower over the next six weeks, falling to an average of 2.596 million head, down 2 percent from 2020 levels. All eyes are going to be on the board following the USDA’s WASDE report release tomorrow and today’s trading might be an indication of pre-report expectations for a tighter balance sheet. The tighter harvest numbers combined…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...