Hog Slaughter Expected to Trend Lower

Hog Slaughter Expected to Trend Lower

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

*all fields required

More from the author

11.20.2020

Tallow Prices Steady Heading Into Holiday Break

11.04.2020

DCO Prices Steady, Production Increases

10.23.2020

BFT Continues to Defy Past Seasonal Trends

Blog

04.20.2021

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, April...

04.14.2021

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on Wednesday, driving soybean oil prices sharply higher. Most palm oil...

04.14.2021

Apparel & Leather Goods Supply Chain Complications Persist

Apparel & Leather Goods Supply Chain Complications Persist

The Federal Reserve Economic Data (FRED) for the US industrial production index for apparel and leather goods was 62.6 points for February, down 14 percent from the prior five-year...

Latest Tweets

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

Load More...