The overall market was fairly quiet this week with few changes reported. Values were steady into the Indonesia and China markets, but were indicated higher into Vietnam and Taiwan. Australian domestic values were higher despite strong production. Hot and dry weather is pushing more cattle into the packing houses, which is keeping the market well supplied with meat and bone meal. The MLA estimated the national Australian cattle slaughter for last week at 131,488 head, up 1.1 percent from the week prior.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...