Broiler Slaughter Forecasted below Prior Year into 2024

Broiler Slaughter Forecasted below Prior Year into 2024

**Please note – The Jacobsen will close trade for the animal proteins bulletin on Friday, Dec 22nd at 2 pm CT and publish shortly thereafter. There will be no reports on Monday, Dec 25th.**

Market participants continue to communicate concern in regard to logistics though the holiday break. Negative pressure remains present on ruminant meat and bonemeal (MBM) with trading reported in a wide range out of the Mo. River and Tx. Panhandle market. Mixed species material was reported as low as $200/st FOB River today and pure beef as high as $300/st.

For the week ending December 23, 2023, broiler slaughter is anticipated to be 162.804 million head, 1.2 percent above 2022 but 0.9 percent lower from the previous week. Over the next six weeks, broiler slaughter is projected to average 159.088 million head per week, a drop of 1.0 from 2022. (Fig. 1)

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

05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.

Import demand from...

05.03.2024

BFT, soybean oil weekly average prices tumble

BFT, soybean oil weekly average prices tumble

For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...

05.03.2024

US animal protein prices remain under pressure; soymeal rises

US animal protein prices remain under pressure; soymeal rises

US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...

Latest Tweets