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…
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...