Chicago packer BFT moved higher today on a three car trade, renderer BFT was bid higher with sellers unable to source material as of press time. Continued downtimes at beef and pork plants are creating unexpected shortages in the market.
Cattle slaughter finished last week at an estimated 502,000 head and this week’s forecast is projected at 520,000. Slaughter over the next six weeks if forecast at an average of 600,000 head, down…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...