Hog slaughter finished last week at an estimated 2.098 million head, down 11 percent relative to a year ago and up 18 percent compared to the week prior. Production is expected to increase over the next six weeks, averaging 2.225 million head. While production increases relative to April and early May are anticipated, the longer term outlook is for numbers to trend below 2019 levels. The increased…
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...