Trading was quiet to start the week with no changes reported.
Cattle slaughter finished last week at 646,000 head, down 0.8 percent from a year ago and down 0.6 percent relative to the year prior. Slaughter is forecast to move higher over the next six weeks. This week, slaughter is projected out at 650,000 head, up 2.7 percent from last week. Over the next six weeks, slaughter is forecast at an average of 664,200 head, up an average of 3 percent from the prior six weeks and 4.5 percent…
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...