Flat Call on Limited Trade for Animal Proteins

Flat Call on Limited Trade for Animal Proteins

Most participants reported the market as quiet. Those that did report trade values were stagnant for the day. 

For the week ending September 30th, 2023, broiler slaughter is anticipated to be 170.540 million head, a 1.8-percent drop from 2022 and less than half a percent down from the previous week (Fig 1). Over the next six weeks, broiler slaughter is projected to average 170.127 million head per week, a drop of 2.7 percent from 2022 but a 1.9 percent rise compared to 2021.

Based on the Weekly Livestock, Poultry, and Grain market highlights from the USDA, year-to-date broiler production as of September 25th was at 29.683 billion head, up 0.5 percent from 2022 for the comparable time. Year-to-date turkey production was at 3.588 billion head, up 4.8 percent from 2022 for the similar time.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.27.2023

Appeals Court Strikes Down EPA’s Denial of SREs

Appeals Court Strikes Down EPA’s Denial of SREs

*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On November 22, a U.S. appeals court struck down a decision...

11.27.2023

Cattle Slaughter Forecast Lower to Close out 2023

Cattle Slaughter Forecast Lower to Close out 2023

The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and bid/offer ideas ready for the week and looking ahead to...

11.27.2023

Hog Slaughter Forecasted Above 2022 Into December

Hog Slaughter Forecasted Above 2022 Into December

Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade. Participants communicated low $200s per short ton on ruminant meat...

Latest Tweets