Cattle slaughter has was up again last week, finishing at an estimated 499,000 head. Slaughter this week is forecast at 550,000 head, up 3.6 percent from last week and down 15 percent relative to a year ago. Slaughter is forecast to continue an upswing through May and June as producers try to catch up with strong, summer beef demand. President Trump’s executive order combine with safety procedures at plants has allowed production to resume at more plants. The increased production combined with cheaper palm, soybean oil…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...