Trade for the start of the week was indicated as flat to lower with continued unease in the market negatively pressuring values. Ruminant meat and bonemeal (MBM), Mo. River was indicated lower with a limited volume trade reported at $175/st, while the bulk was indicated in the published range.
For the week ending December 9, 2023, cattle slaughter is forecast at 635,000 head, 2.1 percent down from 2022 and 4.9 percent lower than last week. Over the next six weeks, cattle slaughter is projected to average 598,330 head per week, 0.2 percent higher than 2022 for the respective time.
…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...