US CWG prices dip slightly amid increasing hog slaughter rates

US CWG prices dip slightly amid increasing hog slaughter rates

The US animal fats markets experienced a quiet start on Monday October 28, with little change reported aside from a slight dip in choice white grease prices on an FOB Missouri River basis.

In other news, Fastmarkets’ research team forecasts hog slaughter at 2.65 million head for the week ending November 2, up by 2.2% week on week but down by 0.57% year on year.

Over the next six weeks, Fastmarkets projects hog slaughter to average 2.588 million head per week, up by just 0.38% year on year and by 0.44% from the prior six-week average.

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