**Please note, The Jacobsen will close at 1:00CT on Wednesday and will not publish a bulletin on Thursday and Friday in observance of the Thanksgiving holiday.**
Trading for the start of the week was lackluster with the proximity of the long Thanksgiving weekend. A high of $1400/st was reported for porcine bloodmeal in Indiana, on limited volume, keeping the previously published range.
Cattle slaughter is forecast by The Jacobsen at 570,000 head this week, 9.5 percent lower from last week due to the Thanksgiving holiday and down 3.2 percent from the same week last year. Over the next six weeks, slaughter is forecast at an average of 609,170 head per week, 1.3 percent over 2022.
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12.08.2023
SAF Output Surges, Robust Policies Still Needed to Drive Growth: IATA
**Bob Lane was out of the office today and will return on Monday, December 18, 2023. In his absence, please contact Amanda Luhavalja at [email protected] **
12.08.2023
Fat Market Slides on Heavy Nearby Supply, Cuts in Feed Demand
There was a lot of activity today to close out the week, mostly at lower prices. Negative pressure had been building through the week on heavy nearby supply, and...
12.08.2023
MBM Prices Continue to Fall on Reduced Export Demand
Considerable pressure on meat and bonemeal remained for this week, with ruminant and porcine markets FOB Mo. River weekly averages dropping 9.0 percent and 7.0 percent, respectively. Excess offerings...