Please Note – Chloe Krimmel will be out of the office until Monday, March 11. In her absence, please contact Ryan Standard.
Trading was very quiet today with trade reports falling within the previously set ranges.
For the week ending March 9, 2024, broiler slaughter is forecast at 164.625 million head, 1.2 percent lower than 2023 but 0.8 percent higher than the previous week. Over the next six weeks, broiler slaughter is projected to average 163.20 million head per week, 0.7 percent down from 2023.
Figure 1.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...