Lard traded higher late Friday afternoon, which is reflected in today’s price guide. The market was mostly quiet, offers on BFT were reported at 49 & 50 cents Chicago with steady with the last traded price.
Hog slaughter finished last week at 2.642 million head, up 8.6 percent from the winter weather week prior. Production is forecast to pick up over the next four weeks ahead of the Eastern holiday, but projected to fall into April. Over the next six weeks, hog slaughter is forecast at 2.613 million head, down 1.4 percent from last year’s levels. Time…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...