Trading was mostly steady today with few changes reported in the protein market. The risk for lower prices is consistent through most of the protein products with continued, strong production adding supply to the market. Feathermeal trading was unchanged today, but strong production anticipated this week, and next despite the holiday, are adding more protein to the sellers’ balance sheets. There are a number of broilers, turkeys and hogs that are past their expected slaughter date and…
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...