Cattle slaughter finished last week at 640,000 head, up 31 percent from a year ago and down 0.2 percent relative to the week prior. Slaughter is forecast to increase over the next six weeks at an average of 656,700 head per week. The next six weeks are projected at 3.3 percent over the prior six week average and 1.6 percent over the the 2018-2019 average for the same weeks. The increased supply could add down pressure to the ruminant markets, but the strong…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...