**Please note – Chloe Krimmel is out of the office until Monday, September 25th. In her absence, please contact Ryan Standard.**
Trading was very quiet today with no changes reported.
Hog slaughter finished last week at an estimated 2.531 million head, up nearly 300,000 head from the prior week, which was shortened by the Labor Day holiday. For the year, the USDA has estimated slaughter at 88.938 million head, up 1.3 percent from the same time in 2022.
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09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...