Trading was quiet in the animal protein market today, but downward price pressure should be expected after soybean meal fell below $400 today for the May contract. Hog slaughter finished last week at an estimated 2.58 million head, down 3.8 percent from a year prior levels. The harvest is forecast to trend lower over the next six weeks, averaging 2.54 million head versus 2.59 million head over the prior six weeks. Slaughter is forecast well over 2020 levels, which were dramatically impacted by COVID related packing house closures. Slaughter is forecat 5 percent over the same time…
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
Table 1
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...