GCAU’s Forecasted Lower into 2023/24 Marketing Year on Cattle Reductions

GCAU’s Forecasted Lower into 2023/24 Marketing Year on Cattle Reductions

Values on porcine and ruminant items were mixed at mid-week due to ebbs and flows in interest levels as well as CME levels decreasing. Increased unease and buyer hesitation have been witnessed on several agriculture markets for the past week. Bloodmeal continues to be reported as strong due to consistent demand and tighter inventory levels. On porcine bloodmeal, a high of $1250/st was reported on Mo. River along with a low of $1100/st. Bulk of trade was at the high end of the range on both volume and number of participants. Ruminant bloodmeal saw a high of $1200/st for both Mo. River and Texas Panhandle. However, $1200/st was not confirmed at press time for Texas Panhandle.

Ruminant and porcine meat and bonemeal saw limited adjustments for the day. The high end on a few regions for ruminant meat and bonemeal dropped today, on accounts of diminished interest levels at lofty levels.

For week ending May 20th, 2023, broiler slaughter is anticipated to be…

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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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