Cattle Slaughter Expected to Trend Higher Into May

Cattle Slaughter Expected to Trend Higher Into May

Three cars of renderer bleachable fancy tallow traded steady today at 53 Chicago. Choice white grease traded steady today as well out of the Missouri River market. 

Cattle slaughter finished last week at 641,000 head, up 21 percent from a year ago and up 5.3 percent relative to the week prior. Slaughter is forecast to move higher over the next six weeks. This week, slaughter is projected out at 640,000 head, down slightyly from the week prior. Over the next six weeks, slaughter is forecast at an average of 652,500 head, down an average of 2 percent from the prior six weeks and up 0.7 percent from…

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