US fats markets start week quiet; hog slaughter set to increase into November

US fats markets start week quiet; hog slaughter set to increase into November

The US fat market was quiet on Monday September 30, with no changes to start the new week.

Fastmarkets’ research team forecasts hog slaughter at 2.53 million head for the week ended October 5, up by 1.21% week on week and 0.99% higher from the USDA estimate for a year prior.

Over the next six weeks, Fastmarkets projects hog slaughter to average 2.65 million head per week, up by 1.58% year on year and by 6.5% from the prior six-week average.

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