Trading was relatively steady heading into the holiday weekend. Poultry fat prices did move higher into the Eastern market as Saturday and Monday downtimes are expected to tighten nearby supply and a few buyers have added on loads for coverage. Choice white grease prices continue to move lower out of the Missouri River market with trading done lower on an FOB basis. Hog slaughter is nearing the 400,000 head per week mark, estimated at 397,000 head today. 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...