Trading was quiet coming off of the long holiday weekend. The May soybean meal contract fell to $406.30 today, further eroding last Wednesday’s gains.
Hog slaughter finished last week at an estimated 2.46 million head, down 3 percent from the week prior. The slaughter is forecast to trend lower over the next six weeks, projected at an average of 2.48 million head per week, down 2.4 percent fom the prior six week average. The average of 2.48 million head represents a decrease relative to late February and early…
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...