Trading was very quiet to close out the month with no changes reported.
For the week ending Feb 2nd, 2024, broiler slaughter is forecast at 165.197 million head, 0.4 percent above the same week in 2023 and up 0.6 percent from the previous week. Over the next six weeks, broiler slaughter is projected to average 163.667 million head per week, down 2.0 percent from the same six-week period in 2023 but up 5.1 percent from the prior six-week average.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...