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…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.