05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Trading was quiet to start the week.
Hog slaughter finished last week at an estimated 2.3 million head, down 11.7 percent from a year ago levels and down 6.1 percent from the week prior. Slaughter is forecast to trend higher over the next six weeks, projected at 2.65 million head this week and to 2.78 million head on the week ending October 24th. The hog harvest is expected to average 2.738 million head over the next six…