US bloodmeal price spread widens even with an elevated low end: 2024 recap

US bloodmeal price spread widens even with an elevated low end: 2024 recap

US animal protein prices were steady on Monday December 30. 

Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4, up by 7.26% from the respective week in 2023.

Hog slaughter was 2.051 million head last week, down by 20.5% year on year, according to the USDA’s Estimated Weekly Meat Production Under Federal Inspection report. Year-to-date hog slaughter was at 128.15 million head, up by 0.6% year on year.

Over the next six weeks, hog slaughter is projected to average 2.525 million head per week, lower by 0.14% year on year.

Membership required to view content.

Bloodmeal yearly recap

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.31.2024

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...

12.31.2024

Market activity remains muted amid New Year’s holiday

Market activity remains muted amid New Year’s holiday

The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.

Prices for choice white grease...

12.31.2024

US weekly soybean, wheat, corn export inspections drop

US weekly soybean, wheat, corn export inspections drop

Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...

Latest Tweets