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Light Trade Into Labor Day; US and Canada Hogs Show Contraction

Alexandra Watts | 08.31.2023

**Fastmarkets is building a new content delivery platform for The Jacobsen. We are looking for customers who would be willing to view and give feedback about our new platform. If you can spare 20-30 minutes for a video call, please contact [email protected] (user researcher).**

**The Jacobsen will be closed on Monday, September 4, 2023, in observance of the Labor Day holiday.**

Limited trade was reported for Thursday ahead of the three-day Labor Day weekend. Participants in the market continue to report unsettled tones due to the holiday.

USDA US and Canada Hogs and Pigs

The most recent August release of the USDA United States and Canadian Hogs report for the months ending June for the US and July for Canada, showed a relatively unchanged inventory from last year. From last year’s total…

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Runner market commentary
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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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