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.
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...