Trading was mostly quiet today with both buyers and sellers focused fulfilling already committed volumes in the face of plant closures. As of this afternoon, The Jacobsen is estimating that in terms of weekly production 7.5 million pounds of inedible tallow production and 1.6 million pounds are currently idled. Tallow was quiet today but the big drop in production adds significant risk to the nearby market for higher prices. The choice…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...