Hog slaughter finished last week at an estimated 1.533 million head, the lowest weekly total in our weekly record going back through 2010. Slaughter is forecast at 1.6 million head this week, up 4 percent from the week prior but down 31 percent relative to year ago levels. Slaughter over the next six weeks is forecast at an average of 1.971 million head, down 12 percent from the prior six week…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...