Ruminant MBM prices were up today on tight, nearby supply. Demand continues with buyers looking for longer term commitments in the face of rising prices. Four US beef plants are currently idled with another three having reported COVID-19 cases. The current capacity of the idled plants is 9,500 head per day. With slaughter estimated at 99,000 head today, one can clearly see idled plants and reduced shifts are tightening supply. At current…
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...