Three cars of technical tallow traded higher on a Chicago basis today. Two cars of packer bleachable fancy tallow traded at steady prices as did two cars of lard.
Hog slaughter finished last week at an estimated 2.54 million head, down 9.8 percent from year prior levels and down 2.1 percent from the week prior. Over the next six weeks, slaughter is forecast to average 2.52 million head per week, falling from 2.55 million head this week to 2.48 million head the week ending May 1st. The slower slaughter is expected to tighten up lard and choice white grease production through Aprill. The slowing production adds risk for higher prices to the…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...