Trading was sluggish in the US animal fats and oils market on Tuesday May 28 to open the holiday-shortened week. Many sellers were waiting to engage until some more stability returns, market sources said. 

US cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 560,000 head in the week to Saturday June 1, down by 1.48% compared with the same period in 2023.

Over the next six weeks, Fastmarkets’ research team expects cattle slaughter to average 602,500 head per week, down by 1.16% year on year.

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