Weekly organic chicken slaughter numbers have levelled off and may be trending upwards if the current pace continues. Organic chicken slaughter volume has steadily declined from recent highs of over 8 million pounds at the outset of the third quarter of 2023. Over the past six weeks, weekly slaughter numbers have exceeded seven million pounds for four of the six weeks.
Organic chicken demand is easily destroyed by high prices, which have lingered. Economic reports show key inflation indicators are improving. The “food at home” category of the Consumer Price Index (CPI) has stabilized, showing 0.1%…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...