Hog slaughter dropped to an estimated 1.975 million head last week. The long holiday weekend cut into the hog harvest and the downtime at JBS exacerbated the tightness in production. Slaughter is expected to rebound this week to 2.325 million head, up 17 percent from last week. The next six weeks, which include the July 4th holiday, the hog harvest is forecast out at an average of 2.313 million head per week. The next six weeks are forecast down 0.6 percent from…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...