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…
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...