Cattle slaughter finished last week at 627,000 head, down 5 percent from a year ago and down 3 percent relative to the year prior. Slaughter is forecast to move higher over the next six weeks. This week, slaughter is projected out at 646,000 head, down 5.6 percent from last year and up 3 percent from last week. Over the next six weeks, slaughter is forecast at an average of 645,200 head, up 2.8 percent from the prior six weeks. While numbers are expected to be down, production is still expected be…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...