Cattle slaughter ended last week at an estimated 500,000 head, down 25 percent relative to year ago levels and up 10 percent compared to the week prior. Slaughter over the next six weeks is forecast at an average of 584,200 head, down 10 percent compared to year ago levels and up 17 percent compared to the prior six week average. The increased production in addition to high, relative prices to soybean meal adds risk for…
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...