Cattle slaughter finished last week at an estimated 555,000 head, the highest weekly total since the week ending April 4th. Slaughter is projected lower this week, due to the Monday holiday but is forecast to cross back above the 600,000 head mark next week. Slaughter over the next six weeks (which includes the July 4 holiday week) is forecast at an average of 600,000 head, up 24 percent from the prior six week average.
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...