Limited trade was reported for the start of the week. The IPPE (International Production and Processing Expo) and AFIA (American Feed Industry Association) Pet Food Conference are expected to draw participants from the animal protein market which could diminish traded volume for the week.
For the week ending February 2, 2024, cattle slaughter is forecast at 625,000 head, 1.9 percent down from 2023 but 1.1 percent up from last week. Over the next six weeks, cattle slaughter is projected to average 615,000 head per week, 1.9 percent lower than 2023 for the respective time.
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05.03.2024
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
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 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...