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…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...