Trading in the protein market was quiet with few changes reported. There are reports of increased demand for bloodmeal and feathermeal, but strong supplies have thus far kept prices from increasing. Pet grade poultry by meal prices were reported lower out of the Mid South and Southeast markets this week. Strong supply mixed with reduced pet food demand has weighed on the spot market in the near term. Production is forecast to continue to rise with broiler slaughter forecast at just under 171.2 million head this week and at…
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...